Pointing to the dispersion of returns among managers, it’s really difficult to desegregate skill from luck
—Ryan AbramsIn This Episode, You'll Learn:
- How Carrie diligently prepared her new Risk Mitigation Strategies (RMS)
- How much CalSTRS will initially allocate to the RMS part for their $200bn+ portolio
- How Ryan uses risk mitigation strategies in his organization
- How Ela is slowly restructuring her alternative portfolio
- The risks of risk parity strategies
- Is trend-following really an opportunity cost question?
- How Carrie has worked with the CalSTRS board on implementing this strategy
- Why Ela has focused more on tail-risk strategies
- Carrie’s manager selection process
This episode was sponsored by CME Group
Connect with our guests:
Learn more about Ryan Abrams and Wisconsin Alumni Research Association
Learn more about Ela Karahasanoglu and Workplace Safety and Insurance Board
Learn more about Carrie Lo and CalSTRS
A potential Achilles heel, at least of a risk parity portfolio, is your exclusively long assets.
—Fname Lname