Capital Allocators – Inside the Institutional Investment Industry [REPLAY] Roz Hewsenian – Helmsley Trust's Chief of People and Process (Capital Allocators, EP.63)
Aug 19, 2024
Roz Hewsenian, Chief Investment Officer of the Helmsley Charitable Trust and a former consultant for CalPERS, shares her extensive experience in investment management. She discusses the art of opportunistic-based allocation, theme identification in healthcare and technology, and the importance of governance. Roz highlights her leadership philosophy shaped by diverse communication experiences and reflects on the challenges of managing investment manager decisions. The conversation also touches on the necessity of balancing creativity with policy adherence in due diligence and navigating global market complexities.
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CalPERS Consulting
- Roz Hewsenian's biggest client at Wilshire was CalPERS.
- She was even awarded a special resolution for her work, a rare honor for contractors.
Never Say No
- Never say no to a client; instead, find a way to give them at least some of what they want.
- Clients want to be heard, and acknowledging their requests shows you value their input.
Guiding Investment Principles
- Hold onto core investment beliefs like the efficient market hypothesis, due diligence, and the risk-return tradeoff.
- Apply these principles but be adaptable based on the client's needs.