Ron Mock
Showing 1–3 of 3 transcripts.
- Milken Institute59 min
Asset Management Outlook
Kate Kelly, Steven Goulart, Nobel Gulati, David Hunt, Ron Mock, Ronald O'Hanley
Industry leaders from Two Sigma, PGIM, MetLife, and State Street convened to analyze the projected growth of global assets to $145 trillion by 2025 and the resulting strategic bifurcation between passive and active management. Participants detailed critical shifts in portfolio construction, noting a massive migration toward private assets and direct ownership by pension funds like Ontario Teachers' to overcome compressed public yields and liquidity constraints. The discussion further highlighted the urgent need for technological adaptation and specialized talent acquisition to navigate complex ESG mandates, AI capabilities, and regulatory changes threatening the traditional asset management ecosystem.
- Milken Institute1h 12m
The Asset Management Outlook
Jason Kelly, David Druley, Nobel Gulati, David Hunt, Michelle McCloskey, Ron Mock
Leading institutional investors and asset managers, including representatives from PGM, Ontario Teachers, and Two Sigma, converge to declare traditional asset classifications obsolete as the industry pivots toward a scarcity-based model where only managers delivering true alpha command premium fees. The panel anticipates significant market consolidation over the next five years, driven by the dominance of technology in filtering noise, the rise of non-traditional talent in private markets, and capital flows shifting from liquid beta strategies to illiquid alternatives among a new generation of family offices. While geopolitical volatility is normalized, the primary long-term challenge remains the structural pressure to close the gap between projected global equity returns and historical pension targets, necessitating active management and strategic partnerships to achieve required risk-adjusted outcomes.
- Milken Institute56 min
Institutional Investors: Patient Capital in an Impatient World
Jay Hooley, Jagdeep Bachar, Janet Carroll, Britt Harris, Hiro Mizuno, Ron Mock, Jack Deeb, Eric Schmidt
Moderated by Jay Hooley, six pension executives representing $1.5 trillion in combined assets discussed strategic shifts from traditional asset classes to risk-factor allocation and alternatives amidst rising valuation pressures. The panel highlighted evolving governance models, such as North Carolina's potential move toward a professional board and Japan's unique sustainability guarantees, while addressing talent retention challenges in the US compared to Canada's competitive business-like structures. With equity allocations doubling in markets like Japan and risk management increasingly viewed as a cultural fiduciary duty, these leaders emphasized the role of pension funds as patient capital capable of weathering liquidity crunches through strong hands and long-term horizons.