CalPERS CIO Nicole Musicco on Bloomberg Wealth with David Rubenstein

Nicole Musicco is in charge of investing decisions at the $465 billion California Employees' Retirement System, or CalPERS, the largest public pension in the United States. Musicco discusses CalPERS' return targets, the pension's push into private equity, and facing political pressure over investment decisions in an interview for Bloomberg Wealth with David Rubenstein. This interview was recorded August 8th in New York City.
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--------
Like this video? Subscribe to The David Rubenstein Show on KZread:
/ @davidrubenstein
Watch the latest episodes of "The David Rubenstein Show: Peer-to-Peer Conversations" here:
www.bloomberg.com/peer-to-peer
Learn more about David:
www.davidrubenstein.com/
Connect with us on...
Twitter: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness

Пікірлер: 37

  • @lukegraven7839
    @lukegraven78394 ай бұрын

    what a well-spoken polished guest. thank you for taking your time

  • @PhilSommer2
    @PhilSommer28 ай бұрын

    My honest advise to new investors ,buy and hold quality stocks. Ignore market forecasts and opinions, they're mostly entertaining but not very helpful.

  • @AlinaWinkler233

    @AlinaWinkler233

    8 ай бұрын

    Achieving significant returns isn't about volatile stocks; it's about effectively balancing risk and reward. Proper position sizing and leveraging your advantage repeatedly are essential, whether you're a long-term investor or a day trader.

  • @LeonWilk2

    @LeonWilk2

    8 ай бұрын

    Certainly, many underestimate advisors until emotions lead to losses. A few summers ago, during a tough divorce, I sought a licensed advisor who, through diligent work, boosted my business from $190k to around $720k despite inflation.

  • @PhilSommer2

    @PhilSommer2

    8 ай бұрын

    Do you mind sharing info on the adviser who assisted you? I’m 40 now and would love to grow my stock portfolio and plan my retirement.

  • @PhilSommer2

    @PhilSommer2

    8 ай бұрын

    Do you mind sharing info on the adviser who assisted you? I’m 40 now and would love to grow my stock portfolio and plan my retirement.

  • @LeonWilk2

    @LeonWilk2

    8 ай бұрын

    The person I work with is *Jude Ryan McDonough* "". He's proven really proficient for me, to be honest. You could look him up yourself if you want.

  • @janiprime
    @janiprime9 ай бұрын

    i've learned so much from these interviews on your channel!

  • @thecajunvacationer3064

    @thecajunvacationer3064

    9 ай бұрын

    Me too!

  • @anthonyjackson2145
    @anthonyjackson21459 ай бұрын

    Great interview as always David. A humble , intelligent and measured guest.

  • @evelynramos445
    @evelynramos4459 ай бұрын

    Pensions are secure and held overtime, grantied? Is played for compounding while sitting? Almost bonds back by gov Ck spelling

  • @quikslvr01
    @quikslvr019 ай бұрын

    California is largest? not the federal pension fund?

  • @evelynramos445
    @evelynramos4459 ай бұрын

    Almost pension for union fixed concepts, drives competition?

  • @evelynramos445
    @evelynramos4459 ай бұрын

    Indigenous of Canada also?

  • @evelynramos445
    @evelynramos4459 ай бұрын

    Canada is differ politically currently

  • @tuckerbugeater
    @tuckerbugeater9 ай бұрын

    Most overpaid public thieves in the nation.

  • @alphabeta8403
    @alphabeta84039 ай бұрын

    4:00 $465B AUM 10:00 Hiring a Canadian 12:00 CalPERS 14:00 Inflation 17:10 ESG 19:25 AI

  • @evelynramos445
    @evelynramos4459 ай бұрын

    Who collects absent pensioners

  • @mastershredder2002
    @mastershredder20029 ай бұрын

    lol 6.8% target. Just buy the S&P500 instead and forget this saleswoman.

  • @evelynramos445
    @evelynramos4459 ай бұрын

    Where the pension recipients!

  • @evelynramos445
    @evelynramos4459 ай бұрын

    Citations its the law

  • @evelynramos445
    @evelynramos4459 ай бұрын

    Bank vault contained

  • @ajs4956
    @ajs49569 ай бұрын

    I don't know if you can get your money out once it's in, but after hearing this, I would get my money out ASAP. 'allocating money to diverse management' means they not focusing on what matters. This is why they have a massive defecit and spunked your money

  • @evelynramos445
    @evelynramos4459 ай бұрын

    15 yrs sitting

  • @evelynramos445
    @evelynramos4459 ай бұрын

    Class division

  • @evelynramos445
    @evelynramos4459 ай бұрын

    Government jobs pensions

  • @Stoneface_
    @Stoneface_9 ай бұрын

    She's getting a million plus dollars for underperformance. Wow. I wish my job would pay me for not working 😂

  • @jentorninos.ballen9269
    @jentorninos.ballen92699 ай бұрын

    Anu ginwa ko sa inyong lahat sinira jinyi buhay ko dahil sa laro nayan hi asak ninyo buhay ko

  • @jentorninos.ballen9269
    @jentorninos.ballen92699 ай бұрын

    Maawa kayo sa ginawa ninyo sa buhay ko dahil sa currency nayan ng treade hd ako ng nakaw sa inyo ginawa ko lang alam ko salaro ng treade nayan hinayop ninyo buhay

  • @barryholiday8998
    @barryholiday89989 ай бұрын

    Why didn’t they hire a black woman for this job to boost their ESG score?

  • @Stoneface_

    @Stoneface_

    9 ай бұрын

    Haha 😂

  • @evelynramos445
    @evelynramos4459 ай бұрын

    Not expertise

  • @evelynramos445

    @evelynramos445

    9 ай бұрын

    Not my, typo

  • @insaaanestuff
    @insaaanestuff9 ай бұрын

    LOCK HER UP!