Tag: Christopher Ailman

The long-serving CalSTRS CIO, who retires June 30, used the pension giant’s financial heft to press companies toward more sustainable paths.

Renewables won’t take over for a while, the world’s population is expanding, and emerging economies are growing.

A huge wave of change will create substantial risk and opportunity for institutional investors across geographies, sectors and asset classes.

The amount of investment needed for this enormous task is $4 trillion yearly, but the effort is gearing up now.

Consulting firm Oliver Wyman predicts even greater use of this category of debt.

Risk grows as a raft of junk-rated issuers, paying modest interest, must refinance their debt at much higher rates.

The pension giant’s public equity portfolio returned 16.7% for the year, but the overall portfolio fell short of its 7% target.

Higher interest rates have turned fixed income from a ho-hum investment into the hot new thing. Just ask LACERA.

Private and public equity gains of 51.9% and 41.8% boosted the fund’s asset value to $308.6 billion.

That’s the argument from our symposium panelists, who say sustainability boosts stocks both now and into the future.

CalSTRS, USS, Japan’s GPIF warn public companies and asset managers to adapt or die.

Larry Fink’s letter to business leaders calls for higher ESG standards and better board communication.