Updated
Updated · Pensions & Investments · Jun 23
New Mexico Educational Retirement Board Names Steve Neel CIO for $18 Billion Fund
Updated
Updated · Pensions & Investments · Jun 23

New Mexico Educational Retirement Board Names Steve Neel CIO for $18 Billion Fund

2 articles · Updated · Pensions & Investments · Jun 23

Summary

  • Steve Neel was appointed chief investment officer of the New Mexico Educational Retirement Board on June 23, taking over investment leadership for the pension fund.
  • The latest report centers on the leadership change, with no further details provided on Neel’s start date, predecessor or strategic mandate.
  • The board oversees retirement assets for New Mexico educators, making the CIO role central to portfolio allocation, manager selection and long-term funding performance.

Insights

Amidst war and inflation, how will a new CIO safeguard retirement funds from the volatile global market?
As pension funds bet billions on the World Cup, what are the hidden financial risks for retirees?