This October, as the U.S. stock market fell by -2.16% (as measured by the Russell 3000), the Rhode Island pension system declined by only -1.09%, benefitting from the diversification of the plan’s Back to Basics investment strategy and ending the month with $8,680,681,661 in total plan assets.
The pandemic is going to reveal to the world how important wellness is, according to Lionstone’s Bryan Sanchez, which he adds will change the way property investors consider geographies and certain categoisations.
While asset managers are optimistic that market conditions will stabilize and improve, they still point to strategies investors can consider in the current environment.
The new hire will oversee North American institutional partnerships, business development and client service efforts and will expand relationships with global consultants.