Leadership Team

Ratkowski

Richard R. Ratkowski, CFA

Director, Investment Strategies

Committees: Management Committee

Rick is a director in NISA’s Investment Strategies Group and a member of NISA’s Management Committee. He is responsible for developing custom strategies designed to meet client objectives and developing and implementing proprietary financial modeling and engineering tools used throughout NISA. Rick is also responsible for the day-to-day oversight of NISA’s Strategic Portfolio Management team which is charged with maintaining hedge strategies, including completion portfolios. In addition, he assists in the areas of product development and growth initiatives at NISA.

Rick was recruited through NISA’s internship program and joined NISA’s Investment Strategies Group in 2005. He holds a BS in Computer Science and Economics and an MS in Computer Science from Washington University in St. Louis.

Recent Perspectives

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Beyond a Crystal Ball: What is Investment Skill?

This article broadens investment skill beyond market forecasting to include structuring skill—encompassing engineering, market-making, operational and access capabilities. Learn how allocators can evaluate managers using both qualitative and quantitative frameworks....

March 2026

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Your Pension: More Than a Liability

Since the 2010s, much has changed with respect to U.S. single-employer defined benefit (DB) plans: plan sponsors are at the highest funding levels seen in decades; a focus on funded...

August 2025