CalSTRS

Insitutional investors call for US reform

A group of institutional investors, led by CalPERS’ chief investment officer, Joe Dear, have dictated to US lawmakers that specific reforms must be made or the country could be in another crisis.

Amanda WhiteMarch 23, 2010

CalSTRS expands active/passive decision making

CalSTRS will double the ranges of its active/passive global equities allocations in a bid to enable investment staff to allocate funds tactically across active and passive rather than be forced to rebalance to strategic asset allocations.

Amanda WhiteFebruary 16, 2010

Uncategorised posts

CalPERS, CalSTRS collaborate to build board nomination list

CalPERS and CalSTRS have collaborated to build a network of more than 150 individuals from a diverse pool of sources to act as potential candidates for nomination to corporate boards, as CalPERS’ consultant advises it to synchronise proxy votes between internal and external portfolios.

Amanda WhiteDecember 16, 2009

Uncategorised posts

CalSTRS shortlists general consultant under new approach to advisers

CalSTRS has named three consultants in its shortlist to act as general consultant, including for the first time Meketa Investment Group, long-time consultant to Harvard Management Corporation and more commonly known as a specialist in infrastructure, under a new tiered approach to the use of consultants introduced by chief investment officer, Chris Ailman.

Amanda WhiteNovember 3, 2009

Uncategorised posts

CalsTRS initiates active/passive review

CalSTRS staff will present to the investment committee the first of three reports on the optimal balance between active versus passive in its global equity and fixed income portfolios, a process that will culminate in recommendations for any structural changes in February next year.

Amanda WhiteSeptember 2, 2009

Uncategorised posts

CalPERS and CalSTRS lose a quarter of their assets

America’s two largest pension funds both lost around a quarter of their market value in the fiscal year ended June 30, in what was the biggest ever single year decline for CalPERS.

STAFF WRITERJuly 22, 2009

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