Carrie Lo, CFA, CAIA, Portfolio Manager, CalSTRS' Risk Mitigating Strategies "The Woman behind CalSTRS' $25 billion+ uncorrelated portfolio"

Our guest for today's podcast is Carrie Lo, Portfolio Manager for the $25B Risk Mitigating Strategies group at CalSTRS (one of the largest public plans in the US) where she has led the venture into hedge funds, specifically those uncorrelated strategies to equities especially in global macro, trend following strategies and systematic risk premia.  

 

Carrie takes us through her personal and professional path from investment banker turned venture startup to hedge fund investor before landing at CalSTRS over 12 years ago.  Her journey took her from CA to NY to London (with some time in HK) and ultimately back to CA.  Carrie started out in the Innovation and Risk group in 2009 and in 2016, due to the immense successes of this group, the Risk Mitigating Strategies group was born.  

 

Coming from an immigrant family from HK, I found Carrie to be humble, thoughtful and gracious and immensely grateful to her family for their sacrifices in order to build a better life here in the U.S.Carrie is extremely intelligent and curious and a great role model for younger female investment professionals.She takes pride in setting the example that, with hard work, a commitment to excellence, and  a "if you don't ask, you don't get" attitude, anything is possible.  

 

Without further ado, here is my conversation with Carrie Lo.