The SWIB Podcast: SWIB Q3 2026 Market Update

SWIB News

The SWIB Podcast: SWIB Q3 2026 Market Update

October 28, 2026

What’s shaping financial markets—and what does it mean for the Wisconsin Retirement System (WRS) trust funds? In the latest SWIB Market Update, Chase Nicholson, senior portfolio manager overseeing SWIB’s Multi-Asset Strategies Portfolio Team, discusses interest rates, inflation, AI’s influence on market performance, and the value of diversification. Chase also explains how his team’s systematic investment strategies respond to changing conditions and geopolitical events, and shares what he’s watching heading into year-end. Each quarter, we will talk with SWIB staff about the economy, the markets, and how the WRS trust funds are impacted. We will also discuss how SWIB is working to help the WRS remain among the nation’s most resilient pension funds – growing and protecting participants’ benefits and giving them peace of mind to focus on work, life, and the future.

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About SWIB

The State of Wisconsin Investment Board (SWIB), created in 1951, is an independent state agency responsible for managing the assets of the Wisconsin Retirement System (WRS), the State Investment Fund (SIF), and other state trust funds. As of December 31, 2025, SWIB managed more than $178 billion of total assets, approximately 87% representing WRS assets. SWIB’s management of the WRS trust funds aims to provide a fully funded public pension for over 703,000 current and former employees of state agencies, the university system, school districts and most local governments. The WRS consistently ranks among the 10 largest public pension funds in the U.S. SWIB, a steady economic pillar for the state of Wisconsin, focuses on growing the trust funds, managing risk, and optimizing costs over the long term.