95: The New York State Common Retirement Fund - With Anastasia Titarchuk, CIO

95: The New York State Common Retirement Fund - With Anastasia Titarchuk, CIO

As we continue exploring the world’s “super-allocators”, we’re learning how different they are in approach and dispersed in investment decisions.

In this episode we examine these questions through the prism of one of the largest US public pension plans, The New York State Common Retirement Fund, with over $250 billion in assets and more than one million members (as of 31/03/22).

Anastasia explains her switch, after several years, from sell-side to buy-side, and from private to public. She discusses why the Fund is widely regarded as one of the nation's best-managed and best-funded pension plans, their objectives, restrictions and where and how they prefer active over passive.

She describes the infrastructure component, real assets, PE and overseas investing as well as why emerging managers are considered an important element in their portfolio construction. Finally, she acknowledges the limitations that come with managing such a large pool of capital in terms of mobility when compared to an endowment, but equally explains their reach, reputation and results.

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The Money Maze Podcast is kindly sponsored by Schroders, Bremont Watches, LiveTrade and Mintus.






Episoder(232)

166:  Reinventing Equity Investing: James Anderson's Journey, From Scottish Mortgage Investment Trust to Managing Partner & CIO of Lingotto's Innovation Strategy

166: Reinventing Equity Investing: James Anderson's Journey, From Scottish Mortgage Investment Trust to Managing Partner & CIO of Lingotto's Innovation Strategy

In today’s episode we have the chance to talk to one of the most successful investors of his generation, James Anderson, Former Partner at Baillie Gifford. I'm joined by Mark Wallace, MD of Rothschil...

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165: Life & Career Advice from the World’s Top Financial Executives: Compilation Special

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Enjoy a variety of career tips & life lessons from finance leaders in this New Year compilation special.  This episode brings together some of the most insightful lessons and perspectives we’ve glean...

23 Jan 202522min

164: Infrastructure: From Niche to Mainstream Asset Class - With Luba Nikulina, CSO of IFM Investors

164: Infrastructure: From Niche to Mainstream Asset Class - With Luba Nikulina, CSO of IFM Investors

Today is the first time we welcome back a guest who has changed firms between interviews. We recorded Luba Nikulina, on Thanksgiving day, 2022, and our guest was then Head Global of Research at WTW, a...

9 Jan 202550min

163: 2024 in Review!

163: 2024 in Review!

In this episode, Simon shares an update on the show, reflecting on notable interviews and summarising the wide range of initiatives under development beyond the Money Maze Podcast itself. Although w...

19 Des 20247min

162: Marketing God: With Nicky Gumbel - Pioneer of the Alpha Course

162: Marketing God: With Nicky Gumbel - Pioneer of the Alpha Course

With Christmas coming up, we thought today would be the perfect time to replay one of our older episodes! Very occasionally one individual can have a disproportionately powerful impact on a collectio...

12 Des 20241h 2min

161: Who is Scott Bessent? Meet Trump's Incoming Treasury Secretary

161: Who is Scott Bessent? Meet Trump's Incoming Treasury Secretary

Today’s guest is the new US Treasury Secretary, serving under Donald Trump. The role gives him immense responsibility for managing US obligations and finances, including circa. $7 trillion of annual U...

5 Des 20241h 2min

160: Managing the Largest Public Pension Fund in the U.S. - With CalPERS CEO, Marcie Frost

160: Managing the Largest Public Pension Fund in the U.S. - With CalPERS CEO, Marcie Frost

In 1932, the United States was in the grip of the Great Depression. One in four Americans were unemployed, nearly 9,000 banks had failed. Franklin Roosevelt was elected to the first of his four terms...

28 Nov 202458min

159: Should Your Investment Portfolio Have the Right to Bear Arms? With General Sir Patrick Sanders

159: Should Your Investment Portfolio Have the Right to Bear Arms? With General Sir Patrick Sanders

The episode brings Sir Patrick Sanders, a British military officer, back to discuss geopolitical issues, specifically focusing on the precarious state of global affairs today compared to the 1930s. T...

21 Nov 202431min

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