
Tag: California State Teachers’ Retirement System


CalPERS’ Private Equity Allocation Remains Nearly $7B Under Target in Q3
The New York State Common Retirement Fund recorded the largest overallocation among global pension funds at $11.7 billion.

CalSTRS Punishes Directors at More Than 2,000 Firms for Weak Climate Risk Disclosure
The $315.6 billion pension giant expects portfolio companies to disclose Scope 1 and 2 emissions, at a minimum.

Public Equities Buoy CalSTRS’ 6.3% Investment Return for Fiscal 2023
The pension giant’s public equity portfolio returned 16.7% for the year, but the overall portfolio fell short of its 7% target.

What Could Derail Private Credit’s Momentum?
The popular investment may suffer from an economic dip and other changes in the financial scene, critics warn.

CalSTRS Winnows Candidate List for China Equities Manager
Pension giant is seeking a better way to implement its China equity exposure.

CalPERS, CalSTRS, Genworth Among Those Affected by MOVEit Data Breach

Due Diligence: Using ESG as a Risk Mitigator
Although seldom apparent in financial statements, environmental, social and governance deficiencies can come out of nowhere and slam investors.

CII Opposes Admitting Dual-Class Stock to S&P Indexes
The April scrapping of a 2017 ban cleared the way for the likes of Blackstone to join the S&P 500.

CalSTRS Targets Carbon Emitters, Board Diversity This Proxy Season
The pension giant announces it will vote against the biggest polluters and all boards that have no women members.

How Some Asset Owners and Managers are Using Technology to Gain Portfolio Insights

CalSTRS Loses 1.3% in Fiscal Year 2022
Market slump causes $262 billion drop in U.S. public pensions’ funding levels in June.

CFA Signs Up 40 Firms to Follow Its Diversity, Equity and Inclusion Code
Verus Advisory is the latest to join the group of signatories, which so far represent $17 trillion in assets.

CalSTRS Votes on Record Number of Shareholder Proposals
The $315 billion pension fund has voted on more than 1,000 shareholder proposals during the 2022 proxy season, many of them climate-related.

Proposed Bill Would Require CalPERS, CalSTRS to Divest Fossil Fuels
The pension giants would have to sell off more than $9 billion combined in assets by 2027.