Former Employees Retirement System of Texas chief investment officer invokes his experience todetermine the mindset of investing in a high-inflation and rising-rates environment.
CIO Ronald Schmitz also expects private equity returns
to be a bit stronger than hoped.
The market is pricing in a terminal rate of around
4.9% by March 2023.
Consensus
earnings per-share growth estimates remain ‘too high’ at 7% for the S&P 500
index.
South Africa’s Kasada pens fourth hotel deal in
Senegal.
Neil Shah helped oversee private equity and real
assets at NU.
