Pension Pioneer on the Push Toward Passive

Published on
March 23rd, 2018
Duration
52 minutes


Pension Pioneer on the Push Toward Passive

The Interview ·
Featuring Marc Levine, Michael Green

Published on: March 23rd, 2018 • Duration: 52 minutes

Marc Levine, chairman of the Illinois State Board of Investment, has overhauled his pension's strategy by firing over 100 active managers and shifting to a reliance on passive management. He explains why he thinks pension managers around the world should follow his lead, in this interview with Michael Green, portfolio manager at Thiel Macro. Levine and Green also discuss the potential crisis of pension underfunding.