In May, Russell Investments hosted a conversation with Alfred Salvato, SVP and Chief Investment Officer at Thomas Jefferson University Hospitals (Jefferson Health) titled “Case Study: Creating a responsive balance sheet.” Russell Investments discussed how Al implemented an integrated risk framework across TJU’s balance sheet assets to align the investment risk positioning with expected capital needs over the short, medium and long term. Russell serves as TJU’s investment consultant whereas Kaufman Hall serves as a financial strategist in these concerns. Lisa Schneider, CFA, Managing Director, Head of Client Solutions, moderated.
This webinar was a Q&A session with Al taking on the following topics:
- Building an integrated risk financial framework to align investment strategy with financial strategy
- Should you shift from a single pool only with a long-term focus to multiple operating pools aligned by time horizon?
- Consolidating investment pools
- Increasing portfolio transparency—knowing what risks you’re exposed to when markets turn south
Kaufman Hall was not associated with this webinar but it referenced our work with TJU using the Strategic Resource Allocation framework. It offers an objective viewpoint of the value of that work.
Investment involves risk, including loss of principal. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Products and services described herein may not be suitable for everyone. Carefully consider an investment’s objectives, risk factors, and charges and expenses before investing.
Information provided in this document is general in nature and should not be relied upon as investment advice specific to the reader’s investment objectives. Information is subject to change without notice. This information is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy nor does not consider a reader’s particular investment objectives, financial situations, or needs. KHIM, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Any communication or information provided has been obtained from sources believed to be reliable at the time of publication, nonetheless, KHIM cannot guarantee, nor does KHIM make any representation or warranty as to their accuracy and you should not place any reliance on such communication or information. ALL INFORMATION, ANALYSIS AND CONCLUSIONS CONTAINED IN THIS DOCUMENT ARE PROVIDED “AS-IS/WHERE-IS” AND “WITH ALL FAULTS AND DEFECTS”. KHIM MAKES NO REPRESENTATION ABOUT THE SUITABILITY OF THE INFORMATION. UNDER NO CIRCUMSTANCES AND UNDER NO LEGAL THEORY SHALL KHIM BE LIABLE FOR ANY DAMAGES, WHETHER DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR SPECIAL ARISING FROM READER’S ACCESS TO OR USE OF THIS DOCUMENT.
Reading or utilizing information in this document or contacting or responding to our offices or registered investment advisers does not create an advisory relationship of any kind.
