Dave Lawson

Dave Lawson

Pension Portfolio Management

Dave Lawson is the Chief Investment Officer at the Workers’ Compensation Board – Alberta (WCB-Alberta). As Chief Investment Officer, Dave is responsible for leading the investment management process for WCB-Alberta’s $6 billion portfolio where portfolio management includes a combination of internal and external management across multiple asset classes. In addition to investments, he also manages the Actuarial Services Department which is responsible for actuarial valuations, forecasting, insurance pricing and asset- liability management. Prior to joining WCB-Alberta in 2004, he held investment management positions at the City of Edmonton and the City of Regina. He is currently President of the Edmonton CFA Society, on the Board and Chair of the Investment Committee for the Province of Alberta Management Employees Pension Plan and was a member of the City of Calgary Investment Committee from 2005 to 2009. Dave graduated with a Bachelor of Administration degree from the University of Regina and is a CFA charter holder.

Crank Up Your Active Risk

There's only one way to earn more than 5% right now...

Get Over It: 5% Is All You Can Expect

Dave Lawson on why most other forecasts are bunk.

Inflation Risk – Why It’s Time To Hedge

And why it's not time to worry about interest rate risk.

LDI: Are You Hedging the Right Risk?

Interest rates versus inflation.

Feds: Boost Surplus to 125%

Market swings mean pensions need more wiggle room.

From Last Lesson to New Ideas

What worked really well, what worked out okay, and what totally bombed.

Lesson Eight: Currency Hedging (Check Your Reserves)

Hedge ratios must differ for reserve, non-reserve currencies.

Lesson Seven: Rebalancing worked (again)

There's also a fine line between procedure and judgement.

Lesson Six: The Art of Hiring External Managers

2008 showed bigger doesn't mean better.

Lesson Five: Diversification

It worked if you had it...

Contex Group