
CalSTRS Invests in ABS Global Investments’ Emerging Markets Platform
The $3.7 billion strategy works with local specialists to target stocks in emerging market countries and regions.
The $3.7 billion strategy works with local specialists to target stocks in emerging market countries and regions.
The two-day forum will be held in Sacramento in May.
Originally named to the post in 2020, Tangen will serve another five years managing Norway’s $1.8 trillion sovereign wealth fund.
An NAIC report also found corporate pensions and union funds ‘lag significantly’ behind public pensions in hiring diverse managers.
CIO Steven Meier aims to set a ‘powerful example’ that diversity is fundamental to fiduciary duty.
The investment management veteran comes from Cambridge Associates.