Asset Allocators
topic on 2 shows · 8 statements across 7 episodes
8 statements about Asset Allocators, every show
Monk: Total Portfolio Approach will be obvious standard in 22 years
“It's the future. 22 years from now, we'll be like total portfolio approach. That's so funny. We weren't doing that.”
Wood: Institutional asset allocators hold a massive short on disruptive innovation
“We're giving asset allocators an opportunity to make up for the massive short that we believe they have in their portfolios. And that short is truly disruptive innovation.”
Asset allocators set funding records for diverse managers in 2020 and 2021
“20 20 and 20 21 were record years with respect to asset allocators giving money to either funds that were run by people of color or businesses that were founded by people of color and women.”
Monk: Permanent allocator monopolies remove organizational survival pressure to innovate
“Most of these organizations have monopolies over the asset base, which means Stanford management company isn't going away. CalPERS isn't going away, but the people in those organizations can be fired. And so you as an employee of these organizations, and I'm n…”
Only 15,000 individuals are true asset allocator decision-makers in the US
“It's probably 15,000 individuals who are really decision makers at the asset allocators.”
Moodgal: Fund Managers Should Prioritize Asset Owners Over Asset Allocators
“You always want to work with asset owners because you're speaking to people whose money it is, who have final say. The asset allocators, it's not their money. They're investing it for someone else. So they're vulnerable to what that end investor's thinking.”
Unpleasant behavior increases moving down the financial services value chain
“You know, the further down the value chain you get in asset management, in my view, sort of, not asset management, financial services. You have asset allocators on the end. They're the nicest group. And then within that group, probably corporate funds are the …”