The financial industry is sitting up and taking notice of that work SWIB staff is doing. SWIB has been named a finalist in two categories of the Institutional Investor's 4th Annual Allocators' Choice Awards.
The Allocators' Choice Awards are awards given by Institutional Investor -- a leading international financial publication -- to recognize industry leaders. The awards were created as a way for asset allocators to choose peers deserving recognition for their work in different categories.
SWIB is among the finalists for Partnership of the Year and for Team of the Year. The recognition for Partnership of the Year is based on SWIB’s collaboration with Healthcare of Ontario Pension Plan, California Public Employees Retirement System, and the Ohio Public Employees Retirement System to create the Global Peer Financing Association, a nonprofit partnership to support innovative approaches to securities finance among asset owners. SWIB is also nominated for Team of the Year. The nomination recognizes SWIB for creating stability that allowed the agency to accomplish several major initiatives, produce the most value added to the WRS in more than a decade, onboard a significant number of new talented professionals, and move forward key projects in an otherwise unstable year due to the hurdles created by the coronavirus pandemic.
Finalists were selected based on nominations submitted over the summer and were vetted by Institutional Investor's editorial team. Institutional asset owners are eligible to vote in the Allocators' Choice Awards. Winners will be announced in September.