Chris Ailman

Uncategorised posts

CalSTRS’ leap of faith brings assets in-house

In an act of faith for the investment staff at CalSTRS, the board has approved that a further $15 billion in assets be managed in- house, including some strategies outside those first recommended by the investment staff.

Amanda WhiteJune 22, 2011

Investor Profile

CalSTRS overlays its fuzzy buckets

After deciding at the last investment committee meeting to employ a new way of evaluating portfolio risk which overlays risk across asset classes, rather than replacing asset classes with risk categories, CalSTRS now just has to work out how to do it. Amanda White spoke with chief investment officer Chris Ailman about the fund’s journey […]

Amanda WhiteFebruary 23, 2011

Uncategorised posts

CalSTRS plugs holes in neat buckets with risk overlays

CalSTRS will employ a new way of evaluating portfolio risk which overlays risk across asset classes, rather than replacing asset classes with risk categories, and introduces six broad risk factors.

Amanda WhiteFebruary 16, 2011

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

Investor Profile

Back to basics as CalSTRS rethinks active/passive mix

The board of CalSTRS, the second biggest fund in the US, has three broad research initiatives for the investment team this year: rethinking active versus passive and the mix of internal and external management; commodities; and liability – driven investments. Chief investment officer, Chris Ailman, spoke to Amanda White.

Amanda WhiteJuly 15, 2009