PROGRESSION: CalSTRS to Manage More Equity Assets Internally
Posted on 05/15/2016
Increasingly, large U.S. asset owners are running more index, passive portfolios in-house. The California State Teachers’ Retirement System (CalSTRS) plans to boost its asset managed internally from 45% to 58%. CalSTRS seeks to launch a US$ 6 billion international equity fund benchmarked to the MSCI, Europe, Australasia and Far East index. Also, CalSTRS terminated a […]
