Pension Industry Thought Leaders Discuss Outsourced CIO Relationships During Online Moderated Event
What are the general duties of pension plan consultants and outsourced chief investment officers? TEXPERS gathered industry thought leaders for an educational webinar to give the trustees and administrators of TEXPERS' Member Systems advice on what pension plans should do to take stock of their funds' advisory relationships.
During the webinar, held Sept. 15, a moderator used a question-and-answer format allowing the panelists to identify some of the differences between non-discretionary and discretionary advisory models.
Click here to view a recording of the webinar. Those wanting to watch the video will be required to register for access.
During the session, the panel:
- Outlined some decision point considerations for plan trustees.
- Illustrated some of the more nuanced differences between the services.
- Revealed what the economic and market upheaval brought by the novel coronavirus pandemic has taught.
- Took audience questions relating to advisory relationships and the markets in general.
TEXPERS is hosting educational webinars to help in the professional development of its Member Systems' trustees and administrators. Additional webinars are being planned.
The next webinar, Direct Lending – The Benefits of Scale and Differentiated Sourcing, will be held at 10 a.m. CDT on Wednesday, Sept. 23, 2020.
Synopsis: Since the Global Financial Crisis, investors globally continue in their search for yield, shifting capital from public to private markets, with private debt emerging as an attractive asset class for institutional investors seeking an illiquidity yield premium.With the private debt market currently estimated to be ~$850 billion and likely to grow, in this webinar, Michael Patterson, Governing Partner and Portfolio Manager of Direct Lending Strategies at HPS Partners, will share insights on how best to extract attractive risk-adjusted returns through differentiated sourcing capabilities.
Topics will include:
- Non-sponsor lending: not just sourcing, it’s about execution.
- Utilizing scale as a competitive advantage.
- Opportunities to find excess returns persist at the larger end of the lending market.
Earn Continuing Education Credits
New and Continuing pension system trustees and administrators who attended live webinars can earn one credit hour to satisfy state-mandated Continuing Education. To earn the credit, attendees are required to sit through the entire presentation, participate in polling questions during the session, and answer a survey emailed to attendees after the webinar. Those who do not sit through the webinar are unable to earn credit.
For additional information, email firstname.lastname@example.org or visit our website. Also, be sure to follow TEXPERS on Facebook and Twitter.