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.
Pension giant scolds regulator for attempt ‘to solve problems that simply do not exist.’
Environmental groups say CalPERS, CalSTRS, and Colorado PERA missed $19 billion by keeping fossil fuel stocks in their portfolios.
The volatility of equity markets means CalSTRS staff wants to be less dependent on stock investments.
Pension fund says litigation will allow it to ‘protect Facebook’s profitability.’
Private equity is bright spot as market volatility impacts annual returns.
Despite the present ‘Goldilocks’ economy, Christopher Ailman is keeping a sharp eye on the president’s Twitter page.
Significant strides expected to decelerate climate change consequences as major oil, gas companies join accord.