Asset Allocation
CalSTRS Moves to Lower Holdings of Carbon Emitters
Pension fund wants to halve its investment exposure to them by 2030.
Tag: CalSTRS
Asset Allocation
CalSTRS Loses 1.3% in Fiscal Year 2022
Market slump causes $262 billion drop in U.S. public pensions’ funding levels in June.
Newsmakers
Ideas for Building Strong Investment Teams
Experts discussed their views of what maintaining a positive culture looks like, including how to recognize team success and how to incorporate DE&I initiatives during CIO's latest webinar.
Risk
CalSTRS Votes on Record Number of Shareholder Proposals
The $315 billion pension fund has voted on more than 1,000 shareholder proposals during the 2022 proxy season, many of them climate-related.
Will US Allocators Stay the Course on Chinese Investments?
China’s drawbacks are prompting some hard thinking among American institutions, but the country’s allure remains potent.
Newsmakers
CalSTRS Plans to Redefine ‘Diverse Managers’ and ‘Emerging Managers,’ in Accordance With New California Law
The investment committee will vote on whether to approve the recommendation at tomorrow’s board meeting.
New York Pension Plans Launch Fight to Dislodge 2 Amazon Directors
Protesting working conditions at the e-commerce giant’s warehouses, the city and state funds urge no votes on reelecting board members.
Shareholders File More ESG Proposals Than Ever Ahead of This Proxy Season
Company diversity and climate change are the biggest issues for investors this year.
Asset Allocation
Proposed Bill Would Require CalPERS, CalSTRS to Divest Fossil Fuels
The pension giants would have to sell off more than $9 billion combined in assets by 2027.
Asset Allocation
Here Are the Biggest Trades that CalPERS and CalSTRS Made in Q4
Both pensions are keen on Microchip Technology Inc.
Newsmakers
High Inflation Leads to Expensive Cost-of-Living Adjustments for CalPERS and Others
This will be CalPERS’ biggest increase in pension payments in 32 years.
Asset Allocation
U.S. Pension Funds Scramble to Figure Out What to Do With Russian Investments
Colorado has already divested from its Russian investments, while CalPERS, CalSTRS and others mull their options.
Asset Allocation
Green Fossil Fuel Companies: Are They Possible?
The data so far seems grim, with one notable exception.
Asset Allocation
CalSTRS Increases Co-Investments and Private Equity Allotments
Co-investments are an increasingly attractive way for investors to avoid private equity fees.
Asset Allocation
Private Equity Has Been the Can’t-Miss Investment
The results are stunning, but some challenges confront the popular alt.