Pension Affinity Group Meeting September 29th

The September meeting of our Pension Affinity Group is planned for

Thursday, September 29, 2022

and is to be held virtually on Zoom.

The link will be sent out the evening before.

TOPICS:

Rethinking Portfolios for Uncertain Times

With inflation at levels not seen in 40 years, interest rates increasing faster than we have experienced in almost 20 years, and in the midst of a global paradigm shift, how is one supposed to invest in this type of market? PFM Asset Management will spend time analyzing current global market trends and discussing solutions across both private and public markets on ways to help you manage volatility in these uncertain times.

Death of the 60/40 Portfolio

The 60% equity 40% fixed income portfolio allocation has just had it’s worse six-month performance since 1962, but does that mean making a switch is necessary? PFM Asset Management will dive deep into the expectations for this portfolio in the future along with what this allocation may actually look like going forward.

Speakers

Floyd Simpson III, CFA, CAIA, CFP

Director

Floyd joined PFM Asset Management in 2019 and was the first external hire for the newly created Multi-Asset Strategies Group. As a director in our OCIO business, he works with clients across the country to develop and implement multi-asset class strategies for their portfolios.

Prior to joining the firm, Floyd worked as an investment officer where he was the associate portfolio manager for the Global and International Equity strategies. His duties included quarterly commentary on the developed markets and investment managers in his purview, monitoring the Global and Developed International Equity strategies, executing due diligence on managers across the G20 and Emerging Market regions, along with contributing intellectual content for ad hoc white papers. His experience includes working with retail and institutional clients to provide analysis and investment solutions. Floyd serves on the Board of Trustees for A.T. Still University and is an Executive Board Member of the CFA Society of Philadelphia. He is a former Investment Committee member for the Truman State University Foundation Board.

Bikram Chadha

Director

Bikram Chadha is a director and joined PFM Asset Management in 2016. In his role, Bikram is responsible for managing institutional client relationships and supporting business development efforts for the firm’s consulting and outsourced CIO practice areas - focusing on endowments, foundations, pension funds, OPEB trusts and other long-term investment portfolios. Bikram is also a member of the firm's endowment and foundation national practice.

Bikram started his career at Vanguard, most recently as an investment analyst in the institutional advice business. As an investment analyst, Bikram provided portfolio and investment-related analysis, executed on trading responsibilities, and served on the relationship team for endowment, foundation and pension clients totaling approximately $2 billion in assets under management.

Bikram is a member of the CFA Institute and CFA Society of Philadelphia. He is also a member of the Government Finance Officers Association (GFOA) of both Pennsylvania and Maryland. In the community, Bikram serves on the Board of Directors and Finance Committee of Uplift Center for Grieving Children, a non-profit organization based in Philadelphia, PA. Additionally, Bikram is a mentor to students at both Villanova School of Business and The Wharton School.

Donald W. Grant

Senior Managing Consultant

Donald is a senior managing consultant with PFM Asset Management. He is responsible for facilitating institutional client relationships and business development efforts for the firm’s multi-asset class management practice – concentrating on pension, OPEB, endowment and foundation, and long-term investment assets.

In 2016, Donald started his career at the firm in the performance reporting and client services department, providing timely monthly and quarterly client performance reporting and fulfilling all facets of client service needs. Donald then spent one year at The Swarthmore Group where he served as the Director of Client and Consulting Services and as the interim Chief Investment Officer.

Prior to joining the firm, Donald served six years on active duty in the United States Air Force where he deployed twice to Afghanistan in support of Operation Enduring Freedom. Donald served as a senior signals intelligence analyst with the National Security Agency supporting joint service commanders in strategic and tactical decision making.

Donald completed his Bachelor of Business Administration in Finance and Master of Science in Investment Management at Temple University. He is a member and serves as the Treasure of The Bond Club of Philadelphia and is a member of the Pennsylvania and Maryland Government Finance Officers Associations.