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Chase Nicholson Named 2024 Rising Star & NextGen
SWIB senior portfolio manager Chase Nicholson has been selected for a pair of industry awards, Institutional Investor’s 2024 Rising Stars, and Chief Investment Officer’s Class of 2024 NextGens. The Institutional Investor’s 2024 Rising Stars, which includes 10 asset managers who are on track to become leaders within the industry as selected by the editorial team…
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SWIB Reports 5-Year Performance Adds $3.1 Billion Above Benchmarks, Awards Incentive Compensation
State of Wisconsin Investment Board (SWIB) Trustees awarded incentive compensation based on more than $3.1 billion of net outperformance generated by SWIB staff over the last five years for the fully funded Wisconsin Retirement System (WRS). Due to SWIB’s strong investment performance, WRS retirees will see a Core Trust Fund annuity adjustment of 3.6% and…
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Tinnen Appointed Board Chair Replacing Nick
Gov. Tony Evers appointed Trustee Clyde Tinnen as chair and Trustee Tom Merfeld as vice-chair of the State of Wisconsin Investment Board (SWIB) Board of Trustees. Tinnen succeeds Trustee Barbara Nick, who stepped down from the Board in December after over eight years of service. Merfeld assumes the position previously held by Tinnen. Tinnen, appointed…
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SWIB Announces 2023 WRS Preliminary Returns
The State of Wisconsin Investment Board (SWIB) today announced 2023 preliminary returns for the fully funded, $132 billion Wisconsin Retirement System (WRS). The Core Fund, the larger of the two WRS trust funds with more than $122 billion in assets, ended the year with a preliminary one-year net return of 11.4% and a preliminary five-year…