WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) is the first pension plan to be named to
Pensions & Investments magazine’s “Best Places to
Work In Money Management” list, the publication announced this
week.
Inclusion on the list places CalSTRS, the only public entity on
the list, among just 25 companies nationwide to make the list.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) today announced it has selected Meketa
Investment Group and Pension Consulting Alliance as its general
consultants to the Investment Committee.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) can expect to receive approximately $19.5
million plus interest from JP Morgan Chase & Co. as part of a
landmark $13 billion settlement with the U.S. Justice Department
over the bank’s misrepresentation of residential mortgage-backed
securities leading up to the financial crisis.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) today announced that Chief Investment Officer,
Christopher Ailman received the number three spot in
aiCIO magazine’s 2013 Chief Investment
Officer Power 100. The list ranks and profiles the 100 most
influential and powerful asset owners in the world.
WEST SACRAMENTO, CA – A group of 70 global investors managing
more than $3 trillion of collective assets today launched the
first-ever coordinated effort to spur 45 of the world’s top oil
and gas, coal and electric power companies to assess the
financial risks that climate change poses to their business
plans.
WEST SACRAMENTO, CA – In response to the proposed Pension Reform
Act of 2014 ballot initiative allowing employers to alter the
future retirement benefits of current public employees, the
California State Teachers’ Retirement System’s Chief Executive
Officer Jack Ehnes, issued the following statement.
WEST SACRAMENTO, CA – Yesterday, the Securities and Exchange
Commission released a proposed rule that would require all public
companies to disclose a comparison of the Chief Executive
Officer’s (CEO) compensation to that of the median income of
company employees—otherwise known as pay ratio disclosure.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) today announced overwhelming corporate governance success during the 2013 proxy season, as 77 of the 82 companies engaged adopted a majority vote standard in corporate board elections.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) announced today the appointment of Ashish Jain
as Chief Technology Officer over Information Technology
Architecture, Infrastructure and Operations, effective September
16, 2013.
WEST SACRAMENTO, CA – A new economic impact study released today
shows that benefits paid by the California State Teachers’
Retirement System (CalSTRS) to retirees and their beneficiaries
statewide generate an $11 billion annual boost into the state’s
economy—an amount equivalent to the output of California’s
world-renowned wine industry.
WEST SACRAMENTO, CA. – The California State Teachers’ Retirement System (CalSTRS) Investment Committee today voted to make a subtle shift in the long-term asset allocation targets of its $170 billion investment portfolio. The decision caps an exhaustive year-long asset and liability study, which examined the risk and return profiles affecting the investment portfolio.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) and Relational Investors LLC (Relational)
commended The Timken Company’s plan, announced
today, to spin off its steel division into a separately
traded public company.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) announced today its support for proposed
Securities and Exchange Commission (SEC) rules requiring
financial representatives to act solely for the benefit of their
clients when offering defined contribution investment options.
The proposed standard is known as the fiduciary standard.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) today announced overwhelming support for its
proposal giving shareholders owning 15 percent or more of
Freeport-McMoRan stock the right to call a special shareholder
meeting.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement
System (CalSTRS) has released the
Corporate Governance 2013 Annual Report, the first such
report at CalSTRS.
WEST SACRAMENTO, CA – Steady growth in the global equity market fueled a 13.8 percent investment return at the California State Teachers’ Retirement System (CalSTRS) to close the 2012–13 fiscal year. However, CalSTRS still faces significant long-term funding challenges.
Governor Brown announced today the appointment of Thomas
Unterman to the Teachers’ Retirement Board, which oversees
the retirement benefits for California’s K-12 and Community
College educators covered under CalSTRS.
WEST SACRAMENTO, CA – Less than a week after President Obama
unveiled an ambitious climate change action plan, the California
State Teachers’ Retirement System (CalSTRS) and other major U.S.
investors are encouraging policymakers to extend benefits
available to oil, gas and real estate projects to spur investment
in renewable energy developments.
WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) today announced that a mobile-optimized version of their website, CalSTRS.com, is available. When accessing CalSTRS.com from a smartphone, users are automatically directed to CalSTRS Mobile and the Web content is optimized and transformed for enhanced functionality and use.
WEST SACRAMENTO, CA – Institutional investors and their
investment managers must integrate the financial risks from
climate change, resource scarcity, supply chain failures and
tighter water supplies into their investment practices if they
are to be successful in the 21st century.
