Meet Stephen McCourt, Managing Principal and Co-Chief Executive Officer or Meketa Investment Group

Meet Stephen McCourt, who is a Managing Principal and Co-Chief Executive Officer of Meketa Investment Group. Steve serves as the lead consultant for several institutional, public, Taft-Hartley, endowment, and non-profit funds.   

This episode is packed with a lot of essential thoughts as we all navigate the economic and business disruption caused by the COVID-19 pandemic.

Some of the highlights are:

  • How Multi-Employer plan trustees are handling yet another economic crisis.
  • Steve’s insights on how this disruption is shifting the execution of Multi-Employer plans meetings and reporting.
  • The adoption and future reliance on technology solutions for all fund business.
  • The likely shift in the way Multi-Employer plans will be conducting the funds business going forward.  
  • And much more!

Meet Brian Schroeder from OCIOMonitor.com

Increasingly, plan sponsors are redefining their investment consulting relationships by affording the consultant discretionary authority over investment decisions.  This concept is known as Outside Chief Investment Officer or OCIO.  As this is a relatively new development within the Taft-Hartley sector, we have asked Brian Schroeder of OCIO Monitor to provide some background on the trend and talk about how to evaluate the services provided by the consultant.

For a list of OCIO search providers, email Traci at traci@sisuinvestmentpartners.com

Meet Ron Surz, President of Target Date Solutions

Is it right just because everybody is doing it?  How much is too much?

Ron Surz, President of Target Date Solutions, has a long and distinguished career in institutional investment management and consulting. We asked Ron to participate in the Multi-Employer Benefit Fund Podcast to share his unique perspective on target date funds and the glide paths that various firms are using today.  Ron’s research suggests that the amount of risk these portfolios are exposed to around the time participants are retiring (both before and after) should be of great concern to plan sponsors and participants.  He provides compelling information to support his assertion and we think it deserves attention and discussion among trustees and their advisors.

You can also gain valuable insights and education about target date funds through the resources listed below.
Articles are available at:
https://targetdatesolutions.com/fiduciary-corner.html includes Ron’s Metamorphosis book
https://targetdatesolutions.com/AgeSageHome.php https://info.glidepathwm.com/blog

Articles on investment manager due diligence are available at:
http://ppca-inc.com/WhitePapers/white_papers.htm

Books:
An Understanding & Selecting TDFs is available on request from me Ron@TargetDateSolutions.com or on Amazon at https://www.amazon.com/Fiduciary-Handbook-Understanding-Selecting-Target/dp/1633180115/ref=sr_1_1?keywords=surz&qid=1569251675&s=books&sr=1-1

Metamorphosis book is also available on Amazon at https://www.amazon.com/Remarkable-Metamorphosis-Target-Date-Funds/dp/6202314788/ref=sr_1_5?keywords=surz&qid=1569251821&s=books&sr=1-5