An afternoon of intense discussion among an exclusive group of asset allocators and managers. An evening of seven awards, exclusively for — and chosen by — asset allocators.
Join us for the most elite event in institutional investing.
Nominations are open until August 9 and can be submitted by anyone. Voting on finalists — by allocators only — will begin September 10.
Lifetime Achievement Award Winner
We are pleased to announce Michael G. Trotsky, CFA, Executive Director and Chief Investment Officer of the Massachusetts Pension Reserves Investment Management (“PRIM”) Board, as the recipient of the 2019 Lifetime Achievement Award. Trotsky will be honored alongside the winners of the peer voted categories, to be announced at the 3rd Annual Allocators’ Choice Awards on December 3, in New York City.
Think: Texas Teachers’ strategic partnerships with large private equity houses. Don’t think: Simply buying off-the-shelf asset management services.
Turnaround of the Year
Think: Cleaning up New York State Common Retirement Fund after the pay-to-play scandal. Don’t think: Doing the same thing as last year; making an already-great fund marginally better.
Change Maker of the Year
Think: Iconoclastic. United Technologies’ annuity-style 401(k) option; CalPERS’ divesting from hedge funds. Don’t think: A larger or especially successful implementation of the industry status quo.
Team of the Year
Think: The group that once populated the Chrysler treasury function — and that subsequently spread out to become CIOs throughout the corporate and endowment fund universe. Don’t think: Your OCIO; a superstar CIO with deputies no one seems to know.
Investment Committee/Board of the Year
Think: A public pension board that lowers its assumed rate of return, despite political pressure. Don’t think: Famous names alone are enough.
Chief Investment Officer of the Year
Think: Larry Kochard, during his tenure at the University of Virginia’s endowment. Any investment chief exhibiting all-around excellence at portfolio construction, risk management, asset allocation, manager selection, board relations, and talent development — or one who has built a team achieving all that. Don’t think: Only CIOs of large funds.
Advocate of the year
Think: Allocators fighting effectively for their members, organization, or profession. For example, MassPRIM leader Michael Trotsky’s successful campaign to revamp his team’s compensation or a junior allocator educating the masses via Twitter.Don’t think: This necessarily means ESG investing, or that the person needs to be CIO level.
Success in the CIO suite creates a unique challenge: The number of people you can turn to for guidance rapidly diminishes.
The Institutional Investor Masterclass aims to mitigate this challenge.
For the afternoon before the Allocators’ Choice Awards, we will bring together an elite group of 100 asset allocators, along with a select group of asset managers, to discuss, debate, and tackle institutional investing’s intractable problems.
Anyone can submit nominations through the link for the seven categories until August 9. Finalists will be announced September 10 as selected by the Institutional Investor editorial team. Voting, by qualified asset allocators only, will begin that day and continue until September 30. Winners will be announced at the Allocators' Choice Awards on December 3, held at the Mandarin Oriental in New York City.