The Art Of Doing Nothing: Steve Edmundson Of Nevada PERS | Exclusive Q&A | Investment News | Trusted Insight

Steve Edmundson is the investment officer at the Public Employees' Retirement System of Nevada (NVPERS). As a one-man team, he oversees all aspects of the system’s $34.9 billion (as of 2016) investment program, including investment operations, compliance, research, manager oversight and implementation of investment strategy. Nevada’s pension fund is known for its simple and conservative portfolio strategy despite an increasing trend of complex investment strategies pursued by many of its pension peers. In this interview, Edmundson explains why his simple model is just as good as any other investment model and why doing nothing is something.