Carrie Thome
Showing 1–2 of 2 transcripts.
- Milken Institute1h 0m
Charting New Frontiers in Asset Ownership
Thomas Finke, Christopher Ailman, Hiromichi Mizuno, Jagdeep Singh Bachher, Carrie Thome
Representatives from CalSTRS, GPIF, WARF, and the UC Regents convened to discuss how massive institutional investors are adapting their portfolios to address aging demographics, declining return assumptions, and the inefficiencies of traditional active equity management. The panelists highlighted strategic shifts toward in-house execution, AI-driven efficiency, and venture capital initiatives that leverage university research, while emphasizing ESG integration as a risk management tool rather than a moral imperative. Ultimately, these leaders outlined a future where asset allocation prioritizes long-term system stability and fee compression, forcing a restructuring of the investment chain to navigate market disruption and the global energy transition.
- Milken Institute57 min
Alternative Investing: Cure for Stock and Bond Blues?
Tom Petruno, Jonathan Grunzweig, Jodie Gunzberg, Jonathan Rotolo, Scott Sperling, Carrie Thome, John Rotolo, Jody Gunsberg
Leading asset managers including Scott Sperling, Kerry Tomei, and Jody Gunsberg convened to advocate for shifting from traditional asset-class allocation to risk-based strategies amid expectations of underperformance in equities and bonds. The panelists detailed how private real estate credit, intellectual property, and diversified real assets offer compelling alpha while mitigating volatility through proprietary deal flows and structured liquidity. Despite concerns regarding the risks of packaging illiquid assets into retail vehicles like 401(k)s, the experts emphasized that long-term horizons and operational expertise remain essential for sustaining returns in a complex market environment.