Opinion
Artificial Intelligence: 2 Sides of the Same Allocation Coin
The increased agility available in public markets might provide more value than the higher-return expectations in private markets.
Tag: Scott Chan
Newsmakers
CaLSTRS’ Scott Chan Appointed to FCLTGlobal Board
The long-term-investing-focused nonprofit added multiple senior members to its board.
Pensions
CalSTRS Achieves 8.5% Return for Fiscal 2024-25
Assets of the California State Teachers’ Retirement System rose to $367.7 billion.
Asset Allocation
CalSTRS Flexes Co-Investing Muscles
The $346.5 billion California teachers’ pension fund addressed leverage in its private equity policy with an eye toward expanding its co-investments and collaborative strategies portfolio.
Newsmakers
CalSTRS Promotes 2 to Investment Director
Rosie Lucchesini-Jack and David Murphy were appointed as directors of fixed income and global equity, respectively.
Where CalSTRS’ Scott Chan Sees Opportunities
The California teachers’ new investment chief discusses returns, AI and future opportunities for the fund.
Pensions
CalSTRS Achieves 8.4% Return in 2024 Fiscal Year
Assets of the California teachers’ fund rose to $341.4 billion at the end of June.
Newsmakers
CalSTRS Names June Kim Senior Investment Director
Kim was formerly director of global equity.
Newsmakers
Scott Chan Named CalSTRS’ New CIO
The fund’s deputy CIO will step up to replace the long-tenured Chris Ailman.
Newsmakers
Anne-Marie Fink Named Co-Chair of AIMA’s Global Investor Board
She will serve alongside PSP’s Eduard Van Gelderen.
Manager Selection
CalSTRS Promotes 2 to Senior Investment Director Roles
Geraldine Jimenez will be responsible for public markets, while Mike DiRe will oversee private markets.
CIO Roundtable (Part 3): The Coronavirus’ Chain Reaction on Asset Allocation, Modern Society, and Portfolio Performance
Chief investment officers discuss their approaches in keeping their asset allocation strategies distinct when asset performance is out of control.
CIO Roundtable (Part 2): Alternative Investment Performance in an Alternative Environment
Chief investment officers from leading institutions share their insights on alternative asset dynamics stimulated by the coronavirus pandemic.
CIO Roundtable (Part 1): 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.
CalSTRS Wants to Increase Internal Management
Hundreds of millions in cost savings could be at stake, but building additional external capabilities won’t be easy.