Preview Mode Links will not work in preview mode

Capital Allocators – Inside the Institutional Investment Industry


Nov 26, 2018

Mark Baumgartner is the CIO of the Institute for Advanced Study, where he oversees a $1 billion portfolio that seeks to achieve just median returns but with significantly less risk.  Prior to joining IAS, Mark had stints at the Ford Foundation overseeing risk, at Morgan Stanley’s Alternative Investment Partners, at both quantitative and qualitative hedge funds, and as a management consultant.  Oh, and he studied to be a rocket scientist before that.
 
Our conversation covers Mark’s path to IAS and the principles of luck, risk, and uncertainty on that path. We discuss the IAS portfolio, one catered to achieve a low risk profile, and how he has stayed the course when that structure hasn’t been rewarded by markets.  We talk about identifying managers that fit into his approach and different metrics of defining risk at both the manager and portfolio levels.

Learn More

 

Discuss show and Read the Transcript

 

Join Ted's mailing list at CapitalAllocatorsPodcast.com

 

Join the Capital Allocators Forum

 

Write a review on iTunes

 

Follow Ted on twitter at @tseides

 

For more episodes go to CapitalAllocatorsPodcast.com/Podcast