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The Allocators Playbook

Markets Group
Private Equity
Artificial Intelligence
Public Pension Funds
Saudi Arabia
Inflation
Portable Alpha
Ontario
Employees' Retirement System Of Hawaii
University Pension Plan
Ohio School Employees Retirement System
Asset Allocation
United States
OMERS
Private Credit
Harbourfront Wealth Management
Family Office
Delta Airlines
Michigan Municipal Employees Retirement System
New Hampshire Retirement System
New York State Teachers' Retirement Fund

The Allocators’ Playbook by Markets Group is a podcast for asset allocators navigating asset allocation, manager selection and the next market cycle. Please visit us online at www.marketsgroup.org

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Artwork for The Allocators Playbook

Latest Episodes

How should institutional investors think about portfolio construction in an era of market concentration? Dawn Jia, president and CEO of UBC Investment Management, joins The Allocators Playbook with an unusual answer: stop investing by the label. Just... more

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Henrik Olejasz Larsen, the chief investment officer at €47B Sampension is rebuilding the portfolio for a world where falling rates are no longer a given,

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What matters most, governance structure or market insight? In this in-depth conversation with up-in-coming CIO Hall of Famer honoree, John Skjervem, learn his leading takeaways from doubling the AUM in Oregon, what it was like to switch to a 97% fund... more

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What's better at predicting markets, quant, practiced intuition or deep analysis? How would you track it? Similar to what was seen on the hit show Billions, CIO Mark Steed discusses his proven, high conviction method for pension fund investment teams... more

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Part 2: CIO Hall of Famer Ash Williams discusses the changes he made once he returned to the Florida SBA after the Great Financial Crisis, and fields questions from CIOs in the industry.

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Part 1: After becoming one of the most nominated CIOs in the history of the Markets Group peer nominated CIO Hall of Fame Award, we conducted a special session with Ash Williams as part of his induction. In Part 1, hear about the key decisions he mad... more

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Jeb Burns, Chief investment officer of Michigan MERS, living in a U.S. manufacturing hub, shares insights on tailwinds, where investors are leaning in, humans vs. AI, and getting his investment team out of siloes.

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Inflation isn't the anomaly, it's the norm. Defense is getting a new seat at the ESG table. And private equity may be finding its edge again.

Recorded onsite at our Nordic allocator roundtable in Denmark, this episode features Cecilia Kellner and Ja... more

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Recent Guests

Dawn Jia
President and Chief Executive Officer of UBC Investment Management Corporation
UBC Investment Management Corporation
Episode: Why UBC Investment Management CEO Dawn Jia says portfolios need nutrients, not asset-class labels
Henrik Larsen
CIO of Sampension, responsible for risk budgeting and asset allocation
Sampension
Episode: Sampension CIO bets on RA, VC to hedge inflation era
John Skjervem
CIO of Utah Retirement System
Utah Retirement System
Episode: CIO Hall of Famer John Skjervem on a 'Truman Show' Fund, Doubling AUM, and Fiduciary True North
Mark Steed
CIO of the Arizona Public Safety Personnel Retirement System
Arizona Public Safety Personnel Retirement System
Episode: Top Decile CIO Mark Steed on Sports investing, AI and tracking high convictions for pension teams
Ash Williams
Former Chief Investment Officer, Florida State Board of Administration; later Vice Chair, JP Morgan Asset Management
Florida SBA, JP Morgan Asset Management
Episode: Part 2: Special Session with Ash Williams: returning to Florida SBA, with questions from CIOs
Jeb Burns
CIO, Michigan Municipal Employees Retirement System (Michigan MERS)
Michigan MERS
Episode: Where investors are leaning in, with CIO Jeb Burns, Mich.MERS
Jakob Carlsson
CEO, Lands for Shaken Leave
Lands for Shaken Leave
Episode: Navigating Inflationary Cycles and Geopolitics with Nordic Allocators
Cecilia Kellner
CIO managing a portfolio of pension assets
Pension asset management (unspecified)
Episode: Navigating Inflationary Cycles and Geopolitics with Nordic Allocators
Jon Braeutigam
Chief Investment Officer, Department of Treasury for the State of Michigan
State of Michigan Treasury Investment Office
Episode: Finding Balance: Repositioning a Pension for a New Regime

Host

Lauren
Host of The Allocators Playbook (Markets Group).

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Talking Points

Recent interactions between the hosts and their guests.

Why UBC Investment Management CEO Dawn Jia says portfolios need nutrients, not asset-class labels
Q: How has the total portfolio approach changed capital allocation in this environment?
It shifts focus from asset-class labels to the economic exposure of assets, enabling quicker adaptation and the ability to combine beta with selective alpha sources across regions.
Why UBC Investment Management CEO Dawn Jia says portfolios need nutrients, not asset-class labels
Q: What areas are standing out as Dawn's team explores for future allocation opportunities?
Dawn highlights regionalized opportunities, long/short strategies, and credit space as areas with potential for stable returns and diversification beyond traditional beta exposure.
CIO Hall of Famer John Skjervem on a 'Truman Show' Fund, Doubling AUM, and Fiduciary True North
Q: How did you approach the major system and process changes at Oregon and Utah, and what lessons stand out?
At Oregon I modernized from Excel-driven processes to integrated systems and private-equity exposure; at Utah I emphasized governance, stability, and a risk-aware, solvency-conscious approach, aligning resources to the trusted fiduciary North Star.
CIO Hall of Famer John Skjervem on a 'Truman Show' Fund, Doubling AUM, and Fiduciary True North
Q: What are some of the accomplishments you are proudest of beyond returns?
I'm most proud of three milestones where I aligned organizations and cultures behind fiduciary True North, driving changes that moved programs forward while staying true to the core fiduciary purpose for beneficiaries and taxpayers.
Sampension CIO bets on RA, VC to hedge inflation era
Q: Which sectors are you actually overweight in right now, and where did the board require convincing?
Strategic asset allocation drives most risk, with only small tactical deviations; the board has been involved in defining inflation-focused, long-term product structure, balancing projections with liabilities across three investment buckets to manage risk as inflation evolves.

Audience Metrics

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Frequently Asked Questions About The Allocators Playbook

What is The Allocators Playbook about and what kind of topics does it cover?

The show centers on asset allocation, manager selection, and navigating the next market cycle through in-depth conversations with senior investment professionals and institutional asset owners. Episodes frequently explore governance, liquidity planning, and strategic shifts in public pension funds and large-scale portfolios, often highlighting how teams balance long-horizon objectives with rising actuarial targets, macro shifts, and the integration of technology and data tools. Notable throughlines include practical frameworks for portfolio construction, risk management across cycles, and the role of governance and talent in sustaining returns, with several episodes offering real-world case studies from public plans, sovereign funds, and la... more

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The Allocators Playbook launched 8 months ago and published 58 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Allocators Playbook?

Recent guests on The Allocators Playbook include:

1. Dawn Jia
2. Henrik Larsen
3. John Skjervem
4. Mark Steed
5. Ash Williams
6. Jeb Burns
7. Jakob Carlsson
8. Cecilia Kellner

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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