Asset Allocation
CalSTRS Mandates More Money from State, Employers to Absolve Growing Deficit
The pension was about 66% funded before the COVID-19 pandemic.
Tag: California Teachers’ Retirement System
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.
Corporate Moves
CalSTRS CEO Jack Ehnes to Retire in September
Head of $252.4 billion pension fund to step down after more than 18 years on the job.
Newsmakers
Mylan Board Re-Elected, Beats “Vote No” Campaign
Although shareholders voted against Management Proposal 5, the directors remain.
Pension Funds Oppose Mylan Board, Compensation Plan
Four pension funds say the drug maker has “reached new lows in corporate stewardship.”