CalSTRS to Decrease Fixed Income and Public Equity Allocations
“These are studies we conduct every three years and this was a critically important one, examining the effectiveness of our response to the global financial crisis of 2008-09,” said CalSTRS Investment Committee Vice-Chair Sharon Hendricks in a CalSTRS press release. “This study was invaluable in familiarizing our board members with the elements and dynamics of our portfolio. Our examination of the market allows us to adapt and to coax consistent long-term growth from a chaotic environment.”
Christopher Ailman, the chief investment officer of CalSTRS, is ranked #31 on the Public Investor 100.
New Asset Allocation Targets for CalSTRS – September 2013
|Asset Class||Current Targets||New Long-Term Targets|
|Absolute Return (formerly Overlay)||0.00%||0.00%|
Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute