HONOLULU Hawaii Employees Retirement System heard presentations on alternative and international investments at a July 16-18 investment manager conference, said Rod June, CIO of the $10.7 billion fund. Among the subjects were real return, long/short investing, infrastructure, globalization trends, Asian investment, investment in India and China as well as the Far East and Middle East, and sovereign wealth funds.
Representatives from PIMCO made a presentation on real return; State Street Bank and Trust and Oppenheimer Capital, long/short investing trends; Independence Investments and Systematic Financial Management, long/short implementation; New Star Institutional Managers and Mercator Asset Management, Asian investment trends; Rexiter Capital Management and T. Rowe Price Associates, investment in India and China; and Goldman Sachs, Far Eastern and Middle Eastern investment trends.
The systems consultant, Pension Consulting Alliance, assisted. PCA representatives made presentations on real return and infrastructure investing.
Mr. June said the systems board would revisit the topics later this year and he would gauge board members interest in areas they would like to pursue.