CIO Leslie Lenzo: Overhauling Her Portfolio, Navigating a Merger and Building Her Team and Her Manager Pool
Leslie Lenzo became chief investment officer of Advocate Health Care six years ago, with a multi-pronged mission: overhaul the portfolio, forge strong, long-term relationships with managers, and build out the investment team. And, oh yes, she ended up doing this while navigating the 2018 merger of Advocate with Aurora Health Care to form Advocate Aurora Health, a move that required adapting nearly every aspect of the company’s investment program.
From corporations to endowments, CIOs deal with idiosyncratic matters, depending on the sector.
Yu (Ben) Meng already has taken great strides in building on the $387.87 billion pension’s long track record in addressing climate change challenges and opportunities.
Social entrepreneur Salima Visram had to pivot, in part because, like many other impact founders, she found that consumers were less interested in an enterprise’s larger social purpose, than buying stuff they liked.
Mark Fawcett joined the UK’s National Employment Savings Trust (NEST) in 2008 as chief investment officer, around the time that the then-new Pensions Act mandated automatic enrollment for workplace pensions. Now, among the 40 or so master trusts, NEST is one of the biggest.
$12.5 million Tipping Point Fund, A Coalition Of High-Profile Donors, Will Finance Impact Investing Infrastructure
Nine foundations and family offices just announced the launch of the Tipping Point Fund (TPF). The donor collaborative, with $12.5 million in initial funding, is aimed at scaling much-needed field-building efforts in impact investing and maintaining both the growth and integrity of the market.
For investors who want to explore impacting investing, a key early step is determining the types of investments to focus on. This includes understanding not only the various asset classes available to them, but also which ones are best suited to meeting their impact goals.
Certainly, fintech systems in emerging and low-income markets are opening up all sorts of opportunities for unbanked and underbanked low-income populations. But there’s a potential problem: Without the right education and relationships with knowledgeable advisors, financially disadvantaged users can wind up worse off than before.
Partnership between SmartyPants Vitamins, Vitamin Angels a prescription for success
More investors are using environmental, social, and governance (ESG) factors to assess companies’ operations. But what are the social considerations investors include in their evaluations—and how much consensus is there?
Successful financial advisors know what their clients really think about them. Period. With that in mind, we talked to Karen Davis, a former television executive and current broadcast journalism teacher in Miami, about her experiences.
Low-income women in South and Southeast Asia face a series of seemingly insurmountable obstacles. Few have a formal bank account. Women farmers in Asia work more hours per week in the field than men, but earn much less. With little or no access to electricity, they’re exposed to toxic fumes from kerosene lamps and stoves. The list goes on. Those are some of the problems IIX is trying to address with its Women’s Livelihood Bond (WLB).