Paget MacColl
Showing 1–2 of 2 transcripts.
- Goldman Sachs26 min
How Healthcare CIOs Are Investing Capital Through a Public Health Crisis
Paget MacColl, Stefan Strein, Jake Seward
Recorded on February 16, 2021, Goldman Sachs Asset Management's Paget McCall and Cleveland Clinic CIO Stefan Strein discussed how non-profit health systems navigated 2020 pandemic volatility through strategic liquidity management and accelerated AI adoption. The dialogue highlighted the clinic's $100 billion investment portfolio, which supported global expansion and $1.16 billion in community benefit spending while shifting toward lower-return expectations and enhanced ESG integration. Participants emphasized the critical role of cognitive diversity and specialized technology deployment in sustaining mission-driven outcomes amidst near-zero interest rates and operational uncertainty.
- Goldman Sachs9 min
What’s on the Minds of CIOs
Chief Investment Officers are navigating the dual pressures of pandemic volatility and near-zero interest rates by reallocating capital from fixed income into higher-yielding alternatives like private credit and infrastructure to meet 6% to 8% return targets. Amidst uncertainty surrounding the 2020 U.S. election, these leaders are implementing broad hedging strategies and leveraging quantitative analysis to protect portfolios while integrating Environmental, Social, and Governance factors as core components of risk management. The convergence of these challenges has fundamentally shifted investment priorities for pension plans, healthcare organizations, and endowments, forcing a move from niche ESG considerations to a universal mandate for diversity and inclusion in all asset classes.