The Steward
Legacy, values and the long now, leadership as care and continuity.
Anastasia Titarchuk embodies The Steward archetype through her disciplined, long-horizon management of over 250 billion dollars in pension assets on behalf of more than one million beneficiaries. She consistently frames investment decisions around preservation, consistency, and fiduciary obligation rather than performance showmanship.
“So the controller is my boss and he's the stole trustee who delegates investment authority to me, but he does sign off on every investment that we make. I think this trustee has been around for all.”
“There are both advantages and disadvantages sometimes because of our size we can drive terms but we also can be as nimble as an endowment can be and we have other restrictions by the virtue of being a public entity so set the investment goals please so we can understand what we might refer to as the strategic asset allocation or at least…”
“For the most part, we take the approach that in developed markets, we will be passive because we think alpha is hard to come by and will be more active in markets that we consider inefficient. And we tend to outsource the active management to outside funds.”
“And I say that because this is the world that's so different from my day-to-day that sometimes I just like to see how the sausages are really big versus what you read in the paper. And if you can wake up tomorrow having acquired one skill that you lack currently, what would it be? I'd like to be a better public speaker probably.”
Money Maze Podcast: “The New York State Common Retirement Fund - With Anastasia Titarchuk, CIO”
LISTEN AT THE SOURCE ↗THE RECORD IS CHECKABLE