Chief Investment Officer: Performance-for-Pay
by charles | Comments are closed01/10/2012
Performance for pay: Is your CIO cost-effective?
(Check the 3 charts below)
For our internal use and to help our clients, we compile data and track the performance of hundreds of CIOs and asset managers. Recently, we extracted and published a list of the 50 highest-paid nonprofit CIOs, which some readers seemed to like.
This time, we’ve started with that same list and tried to answer the question: who among these well-paid managers provides the most performance relative to their paychecks?
Specifically, we looked at their investment returns over the most recent five years, computed how many basis points they earned per $100 thousand of compensation, and then ranked them all by that measure of performance-for-pay.
We’ll have more to say about what it all means further below. But, without further ado, here’s the ranking of the highest-paid nonprofit CIOs according to the almost-famous Skorina Performance-for-Pay Index.
Read More »Pushing back on PE and HF fees. Interview: Paul Matson, AZ Retir. system
by charles | Comments are closed11/30/2011
Pushing back on fees; Talking to the top guns
Comings and goings: Alaska, New York, Illinois, California, and Connecticutt
What we’re reading: Pushing back on private equity and hedge fund fees
The view from Phoenix: A conversation with Paul Matson, AZ Retirement System
Read More »Skorina Top 50 Chief Investment Officer Salary List
by charles | Comments are closed11/08/2011
Here’s a stripped-down version of our larger database which charts the compensation of the fifty highest-earning chief investment officers. We don’t recall seeing such a thing elsewhere and we thought it might be of interest to our readers.
Our internal document contains many more names, numbers, and details, but we’re not going to give away all the good stuff.
Top 50 CIO Salaries, FY 2009
CIO |
Nonprofit |
AUM $bn |
Total Comp |
W2 Comp |
Non-W2 Comp |
|
1 |
Mendillo, Jane |
Harvard U (HMC) |
27.6 |
$4,754,379 |
$3,498,265 |
$1,256,114 |
2 |
Swensen, David F. |
Yale U |
16.7 |
$3,795,540 |
$3,715,724 |
$79,816 |
3 |
Narvekar, Nirmal |
Columbia U (CIMC) |
6.5 |
$3,447,953 |
$1,980,746 |
$1,467,207 |
4 |
Malpass, Scott C. |
U Notre Dame |
5.2 |
$2,057,827 |
$1,532,859 |
$524,968 |
5 |
Hoagland, Laurance |
Hewlett Fdn |
7.4 |
$2,015,635 |
$1,919,117 |
$96,518 |
6 |
Schmid, Mark |
U Chicago |
5.6 |
$1,790,730 |
$1,019,070 |
$771,660 |
Consultants: What are they good for?
by charles | Comments are closed10/04/2011
Search: Chief Hedge Fund Strategist, Comings and Goings, Are consultants worth it?
Russell Read: Russell of Arabia
Skorina (and a valued client) are seeking a Chief hedge fund strategist
Consultants: What are they good for?
Read More »U Maryland CIO search. Breakfast with Roz Hewsenian, CIO of The Helmsley Trust
by charles | Comments are closed09/27/2011
U Maryland seeks CIO, new CIOs and salaries, interviews |
University System of Maryland Foundation (and Skorina) seeks a CIO: |
Comings & goings & salaries |
Breakfast with Roz Hewsenian, CIO of The Helmsley Trust |