Newsmakers
CalSTRS New Headquarters Construction Delayed
The setback is expected to cost the pension between $15 million to $21 million.
Tag: Christopher Ailman
Newsmakers
CalSTRS CIO Set to Receive $1.1 Million Bonus
Chris Ailman is up for a bonus that’s nearly twice his base pay for leading the pension to a 27.2% return.
Pensions
CalSTRS Earns Record Annual Return of 27.2%
Private and public equity gains of 51.9% and 41.8% boosted the fund’s asset value to $308.6 billion.
Milton Friedman, Ha! ESG Sentiment Won’t Ruin Companies Long Term
That’s the argument from our symposium panelists, who say sustainability boosts stocks both now and into the future.
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.
Manager Selection
CalSTRS’ Ailman Gives BlackRock’s Fink an “Ovation”
Larry Fink’s letter to business leaders calls for higher ESG standards and better board communication.