AI’s winner-take-all effect, ‘Institutional Edge,’ episode 6

September 16, 2025 08:06 PM
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CalPERS CIO unveils total portfolio approach recommendations
CalPERS CIO Stephen Gilmore and his team formally recommended adopting a total portfolio approach with a 75% equity/25% bonds reference portfolio and a 400-basis-point active risk limit.
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摘要
CalPERS CIO Stephen Gilmore recommends adopting a total portfolio approach with a 75% equity and 25% bonds reference portfolio, along with a 400-basis-point active risk limit. Connecticut's pension fund considers investing in the WNBA’s Sun to keep the team local. Sherwin-Williams suspends 401(k) company matching contributions temporarily.



