Capital Allocators – Inside the Institutional Investment Industry Geoffrey Rubin – The Modern Canadian Model at CPPIB (Capital Allocators, EP.280)
Nov 14, 2022
Geoffrey Rubin, Senior Managing Director and Chief Investment Strategist at CPPIB, shares insights on managing a colossal $520 billion portfolio for Canadians. He discusses his transition from academia to investment and how CPPIB evolved from passive to active management. The conversation highlights effective governance, the complexity of global investment strategies, and the significance of nurturing talent in challenging market conditions. Rubin emphasizes collaboration and a long-term approach in investment philosophy, showcasing the unique Canadian culture that drives CPPIB's success.
AI Snips
Chapters
Books
Transcript
Episode notes
Non-Linear Career Path
- Geoffrey Rubin's career path was not linear; it was about seeking exciting and challenging work.
- His background includes economics, commercial real estate, banking, and consulting, all informing his investment approach at CPPIB.
Canadian Model of Investing
- The Canadian model of investing emphasizes maximizing returns, not minimizing risk.
- It prioritizes active management, global reach, and building internal capabilities.
Governance and Risk Management
- CPPIB's governance structure provides clarity regarding accountability for risk management.
- The board sets the risk appetite, while management builds the portfolio within those boundaries.
