Will Pension Funds Pay Internal Managers to Cut Costs?

The video discusses CalPERS' strategy of bringing investment management in-house to reduce costs and improve returns. Jeff Snyder, an industry insider, provides insights into the strategic moves and challenges faced by public pension plans. The discussion covers the importance of managing risks, attracting talent, and the potential influence of CalPERS' decisions on other pension funds. The video also explores market opportunities, constraints, and the need for strategic adjustments in response to future risks and unfunded liabilities.

What are the benefits of bringing investment management in-house for pension funds?

How does CalPERS' strategy influence other public pension plans?

What challenges do pension funds face when trying to attract talent comparable to private equity firms?

Discuss the implications of pension funds taking on more risks in their investment strategies.

What factors must pension funds consider when managing their assets versus liabilities?

In what ways can pension funds adapt their investment policies in response to market changes?

What are the potential consequences of unfunded pensions taking more risks?