Pension Pioneer on the Push Toward Passive
Featuring Marc Levine, Michael Green
Published on: March 23rd, 2018 • Duration: 52 minutes • Asset Class: Equities • Topic: Pension System, Portfolio Management, Passive InvestingMarc 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.