CIO Roundtable: How Top Asset Allocators are Dealing with Today’s Volatile Market
Asset allocators from the most prominent US institutions offer wisdom and advice to the industry and discuss the pandemic’s effects on their funds.
Tag: CalSTRS
Coronavirus - COVID-19
CalSTRS CEO Jack Ehnes Postpones Retirement Because of Coronavirus
The decision came after a request from the board, which said it needs time to conduct an executive search.
Coronavirus - COVID-19
CalSTRS Prepares its Employees to Shelter in Place
The retirement system has closed its member service locations and temporarily suspended its contact center to adhere to the state mandate.
Asset Management Culture
NC State Pension Weathers Market Turmoil Well as Others Crumble
‘You can’t be a gambler, and you can’t profess to have a crystal ball,” says state treasurer Dale Folwell.
Asset Management Culture
Exclusive: CalSTRS Develops Quarantine Plans
As coronavirus cases increase, the investment office of the California educator fund has developed plans in case investment staff are quarantined.
Market Moves
Trio of Pension Giants Takes on ESG Naysayers
CalSTRS, USS, Japan’s GPIF warn public companies and asset managers to adapt or die.
Corporate Moves
CalSTRS CEO Jack Ehnes to Retire in September
Head of $252.4 billion pension fund to step down after more than 18 years on the job.
The Untapped Potential of Infrastructure Investments’ Influence on Humanity
Investments in infrastructure can perpetuate on the advancement of our societies, while providing attractive defensive elements to a portfolio.
Pensions
CalSTRS Revamps ESG Guidelines
The new guidance is meant to help the pension system engage companies in its portfolio where it can have the most impact.
Manager Selection
CalPERS Board President Wants Transparency in Second Term
Fresh off his re-election campaign, Henry Jones pledges good governance, a focal point of his platform.
Asset Allocation
CalSTRS Rejects Fossil Fuel Divestment
A report details CalSTRS policy of engaging fossil fuel companies rather than dumping their stock, which it sees as a last resort and potentially harmful to the portfolio.
CIOs Discuss Overcoming Sector-Based Challenges with Management, Boards
From corporations to endowments, CIOs deal with idiosyncratic matters, depending on the sector.
Regulation
CalSTRS Says SEC Proposal Weakens Corporate Accountability
Pension giant scolds regulator for attempt ‘to solve problems that simply do not exist.’
Asset Allocation
Green Coalition: Pension Plans Miss Billions by Not Divesting from Fossil Fuels
Environmental groups say CalPERS, CalSTRS, and Colorado PERA missed $19 billion by keeping fossil fuel stocks in their portfolios.
Asset Allocation
ESG Funding Skyrocketed in 2018
BlackRock and Vanguard continue to grow socially conscious investment vehicles.