For the world’s largest asset owners
June 30, 2023
CIOs Assess the Legacy of Harry Markowitz

Six investment chiefs discuss the legendary economist’s theory, and its limitations.

CIOs Assess the Legacy of Harry Markowitz
Public Equities Drive CalPERS’ 3.2% Q1 Return

The pension giant’s portfolio rose to $452.6 billion, but missed its benchmark by more than 100 basis points.

Public Equities Drive CalPERS’ 3.2% Q1 Return
POPULAR STORIES
Public Pensions See Improvements in Recruitment, Retention
CPP Investments Partners With AT&T, GIP on Fiber Joint Venture
Barings Appoints Asset-Based Finance Head
UK’s Nest Awards Wellington $4.6B Emerging Markets Equity Mandate
Octagon Credit Investors Names Investor Relations Head
Cedars-Sinai Appoints CIO for $8B Portfolio
Funded Level for U.S. Public Pensions Slips to 73.7% in May

The 100 largest public plans saw an aggregate investment loss of 1% during the month.

Funded Level for U.S. Public Pensions Slips to 73.7% in May
Trending: Republican Spending Bill Would Cut SEC Budget, Block Market Structure Proposals

The legislation would also cut spending by the SEC and the IRS, targeting the agencies’ enforcement budgets.

Trending: Republican Spending Bill Would Cut SEC Budget, Block Market Structure Proposals
Trending: Republican ESG Working Group Calls Out Proxy Voting

An interim report published by Republicans on the House Financial Services Committee argues that ESG lowers returns and that the proxy voting industry is unacceptably opaque.

Trending: Republican ESG Working Group Calls Out Proxy Voting
Editorial: CIOeditors@issmediasolutions.com
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