MassPRIM Appoints Michael Trotsky As New Executive Director
The board unanimously approved Trotsky at a meeting Tuesday morning.
Search results for: Michael Trotsky
Mass PRIM CIO, Cliff Asness Talk Career Lessons at Pension Bridge
Michael Trotsky reveals early challenges at the Bay State fund, Cliff Asness describes vexations of serving on an endowment committee.
Asset Management Culture
MassPRIM’s CIO Gets a Cool 5.3% Raise, Full Bonus
Michael Trotsky’s strong performance at the $71.8 billion pension fund bumps his annual pay to almost $500,000.
BNY Mellon Allegedly Cheated MassPRIM Out of $20 Million in Foreign Exchange Trading
Massachusetts State Treasurer Steven Grossman and MassPRIM Executive Director Michael Trotsky in a June 13 press conference announced that the state’s $50 billion pension fund had been overcharged $20 million on foreign exchange trading by BNY Mellon.
Pensions
Mass PRIT Fund Returns Remain Up Despite Market Forces
Alternative investments helped the $95 billion pension fund outperform the markets in the most recent quarter, and the fund saw a $7.8 billion gain in the 12-month period that ended September 30.
CIO Innovation Awards: Nominations Open Until August 12
Nominate your best asset owners and managers for this year’s 11th awards gala bash.
Newsmakers
Massachusetts Pension Fund Returns 12.6% in 2020, Hits Record Asset Value
The state pension’s annualized returns beat the benchmark over the past one, three, five, and 10 years.
The Hodgepodge of ESG Investment Standards Sparks Controversy
MIT study underscores the confusion of ratings, then DOL cites that in proposing curbing sustainability factors in retirement portfolios.
These Are the Top Private Equity Pension Funds in America
Space has returned 10.2% over the past decade.
CIO Innovation Awards: Nominations Open
Nominate your best asset owners and managers for this years 10th annual bash.
Risk
Massachusetts Pension Reserve Fund Returns 9.5%
Investments beat benchmarks to raise total asset value to $72.9 billion.
MassPRIM’s Sarah Samuels Voted Next Generation Winner
More than 100 asset owners cast ballots to name the industry’s top young leader, and the crown went to MassPRIM’s deputy CIO.
Does Size Matter? MassPRIM's Bonus Package
Massachusetts public pension system has drawn criticism--including from its own chairman--for the performance bonuses it's set to distribute.
MassPRIM Names Russell as FX Transaction Manager
Massachusetts Pension Reserves Investment Management board has hired Russell Implementation Services to manage portions of the foreign-exchange transactions.
Faced With Flurry of FX Suits, BNY Mellon Proposes New Pricing Model
Responding to accusations by state and federal officials of defrauding public pension funds of foreign exchange transactions, BNY Mellon is offering its clients an alternative pricing model.