Exclusive: CIO Donald Pierce on real assets, impact of fed rates and more

The CIO of $15bn San Bernardino
County Employees’ Retirement Association has incorporated new ways of
rebalancing his portfolio since joining the fund. In the past, he had always stayed away
from real assets. But as the market environment changes, so are his sentiments.

Rebalancing Discussion with CIO Don Pierce and Arun Muralidhar

Chief Investment Officer Don Pierce and Dr. Arun Muralidhar have found a way to rebalance that has given California’s San Bernardino County Employees Retirement Association at least 100 bps per year since 2005.