Black Rock’s CEO Larry Fink Emphasizes to Federal Thrift the Importance of AI Infrastructure
Speaking to the board members of Federal Retirement Thrift Investment Board, Fink talks about opportunities in AI infrastructure
Day: April 29, 2024
CIO Andy Stewart on Managing with Integrity
How the chief investment officer of Exchange
Capital Management manages staff with radical candor, how he applies his tech background to investment probabilities, how he approaches due diligence, and currencies.
Exclusive: CIO Andrew Palmer on Investing Around Risk While Hitting Benchmarks
Andrew Palmer, Chief Investment Officer of the
Maryland State Retirement Agency, which manages the $67 billion fund for
Maryland state pension plans, did something very interesting. He was given a
mandate by the state of Maryland to put all of his investments through an ESG
lens. And he did it in such a way, that he believes his investments will avoid
conflict if there’s a political regime shift in the United States. He’s been hitting his benchmarks for years.
On April 30, Markets Group will be awarding Palmer a
Strategy Award as part of our Investor’s Forum in Washington D.C. The award is
meant to highlight thought leaders within the allocator community who have come
up with a strategy that others can learn from.
Some people argue that ESG detracts from investment
returns, but Palmer has been able to hit all of his benchmarks for years. During
this interview, we will discuss how he did it, how he looks at his portfolio,
and ask him what other allocators should be aware of.