Thinking About Asset Owners

I spoke at both sections of John Wightkin’s Advanced Investment Management course on March 9, 2026.

Learning Objectives

1. Who are “institutional asset owners”?
2. What do pension funds do?
3. Where do asset owners allocate capital?
4. Why do asset owners hire asset managers?

Resources

Title Slide Image

Links to Discussed Articles and Papers

• The Rise of the Total Portfolio Approach
• CalPERS Board Adopts TPA
• Portfolio Design as Gesamtkunstwerk
• Everyone Wants a Pension - Matt Levine
• Money Doctors