CalPERS CIO: Inflation Is Impacting the Portfolio

The video discusses the impact of inflation and interest rates on investment portfolios. It highlights the challenges of achieving desired returns in a high-inflation environment and the importance of considering infrastructure as a protective asset class. The discussion also covers the interest rate environment and the strategy of maintaining a long-term investment focus rather than attempting to time the market.

How does the interest rate environment affect the cost of capital across asset classes?

What is meant by 'strategic asset allocation' in the context of long-term investing?