Stalwart at PSERS Poached

Susan Oh leaves after 28 years for firm that specializes in artificial intelligence.

By Christine Giordano

Susan Oh, known for her entrepreneurial mind at the $70 billion PA Public School Employees’ Retirement System (PSERS), has been enticed by a position at an artificial intelligence money management firm. She left the fund to become Head of Strategy and Solutions at the six-person Rosetta Analytics team, an investment firm that has been using proprietary advanced machine learning (deep learning and deep reinforcement learning) to build and manage investment strategies for institutional clients since 2017.“Unlike many managers that use AI to augment existing investment processes, our AI is our investment process,” she said.

Prior to joining the firm, Oh spent more than 28 years at PSERS, where she spearheaded innovation in strategic asset allocation, portfolio construction, and risk management and served as the founding chair of the Asset Allocation Committee.

Oh has been described as a serial entrepreneur at PSERS, building its swap overlay program in 2006, advocating for a greater risk-balanced asset allocation after the Global Financial Crisis, leading the Risk Parity initiative in 2012 and the foreign currency hedging initiative in 2013.  She was also the chief architect of the strategic derivatives portfolio initiative in 2019 and oversaw internal non-US equity. 

Her innovations have become large contributors to diversification and alpha generation at the plan and led to a greater proportion of assets managed internally.  She was recognized for her contributions as a national Next Generation luminary at many industry events where Oh was invited to speak.

She started her career with KPMG and is a CFA charterholder and a CPA.   She holds a Bachelor of Science, summa cum laude, in Accounting from Indiana University of Pennsylvania where she was inducted into the Hall of Distinction in 2019.  She also serves as inaugural member of National Advisory Council of Association of Asian American Investment Managers.   

Oh said she took the role because of the “transformative power that Rosetta’s advanced artificial intelligence can play in alpha generation and risk management.”

The firm was co-founded by former president of Wilshire Consulting, Julia Bonafede and Angelo Calvello, former co-founder of the Blue Diamond Asset Management AG.