Newsmakers
CIOs Assess the Legacy of Harry Markowitz
Six investment chiefs discuss the legendary economist’s theory and its limitations.
Tag: Matt Clark
Risk
What Happens if US Debt Defaults? Just Short-Term Pain, Sages Say
Drawing lessons from history, any federal failure to pay should be a hiccup, albeit an expensive one.
Pensions
PIMCO Investment Managers Tell SCERA They Expect Debt to Bounce Back in 2023
The $3.2 billion Sonoma County Employees’ Retirement System’s investment committee heard a discussion about the current state of fixed income.
Why U.S. Efforts to Regain Chip Dominance Are Uphill
The American semiconductor industry ceded the lead to Asian rivals long ago, and now it is scrambling to catch up.
Asset Allocation
CIOs See Fixed Income Targets in High Yield, Emerging Markets, Private Credit
Panel of investment managers expects high short-term inflation, but says it’s not a concern.
Asset Allocation
Special Report: What Low-Paying Fixed Income Still Gives Us: Ballast
Despite small interest payments and not much price appreciation potential, many investors say it does deliver in this one area.
Asset Management Culture
Veteran Series: For Matt Clark, Investing Is a Matter of Principle
A secret of the South Dakota pension plan chief’s success: putting a premium on inculcating strong values among staff members.
Risk
South Dakota Mulls Trimming COLA Minimum to Zero, to Help Withstand a Downturn
The fully funded pension program has a strict policy of staying that way, but the inflation adjustment currently can go no lower than 0.5%.
Exclusive with South Dakota CIO Matt Clark: The Secrets of a Top-Funded Plan
The six legs of the marathon to the top quartile club.