WEST SACRAMENTO, Calif. – July 20, 2017 – The California State Teachers’ Retirement System announced today that the fund posted a 13.4 percent net of fees return for the 2016-17 fiscal year, with growth being driven by strong performance across all markets, led by non-U.S. equity. As of June 30, 2017, the total fund value was $208.7 billion.
WEST SACRAMENTO, Calif. – July 17, 2017 – The California State Teachers’ Retirement System has, for the fifth consecutive year, contributed one of its talented young—under age 40—investment officers, Orintheo Swanigan, to Chief Investment Officer magazine’s Class of 2017 Top Forty Under Forty.
WEST SACRAMENTO, Calif. – July 13, 2017 – The California State Teachers’ Retirement System today announced the appointment of Diane Stanton as External Affairs Director. In her new role, Ms. Stanton will provide leadership, management and strategic direction for the CalSTRS External Affairs program, with an emphasis on stakeholder relations, outreach and engagement. Her position reports directly to Public Affairs Executive Officer, Grant Boyken.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System announced today that it was named by Pensions & Investments as a Best Place to Work in Money Management for 2016.
The fifth-annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry and is presented by Pensions & Investments, a global news source for money management.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System announced today its Chief Operating Investment Officer Debra Smith, has been recognized as this year’s black woman in business leadership by the National Coalition of 100 Black Women’s Sacramento Chapter.
The 2016 Leadership in Business Award recognizes the accomplishments of black women in the financial investment services industry.
WEST SACRAMENTO, Calif. – Seven years after initiating its green bonds program, the California State Teachers’ Retirement System is poised for continued portfolio growth and holdings expansion, as reflected in the 10th annual Green Initiatives Task Force Report released yesterday.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today announced the opening of its sixth full-service member center. This latest member service center is in San Diego’s Mission Valley Area and is known as the San Diego Rio Vista Tower III.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System proudly announced today that its Chief Investment Officer, Christopher J. Ailman, has been recognized as one of this year’s Investors in Education by the Neighborhood Youth Association (NYA) of Los Angeles.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System and the California Public Employees’ Retirement System today announced the Diverse Director DataSource (3D) will now be available through the Equilar Diversity Network.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System is searching for public equity investment managers with an environmental, social and governance focus. There are up to six new ESG manager spots available for consideration.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today announced the appointment of Grant Boyken as Public Affairs Executive Officer. The position and the branch are new for CalSTRS, having been established after the retirement of Ed Derman, the former Deputy Chief Executive Officer of the Plan Design and Communication Branch.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today announced Jeff Zimmer as its Director of Benefits and Services Business Transformation. Mr. Zimmer will report to Benefits and Services Executive Officer Andrew Roth and Technology Services Executive Officer Ashish Jain.
WEST SACRAMENTO, Calif. –The California State Teachers’ Retirement System today announced the appointment of Joycelyn Martinez-Wade as Director of Governmental Relations.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System announced today that it waged a highly successful proxy season campaign to advance the majority vote standard in board of director elections at public companies. CalSTRS engaged 106 companies, 94 of which adopted the standard before it went to a vote.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System last Thursday, July 14, approved policy changes to the Corporate Governance Principles which establish the high-level framework, proxy voting activities and shareholder priorities.
WEST SACRAMENTO, CALIF. – The California State Teachers’ Retirement System remains on track for full funding by the year 2046 after announcing today that it ended the 2015-16 fiscal year on June 30, 2016 with a 1.4 percent net return. The three-year net return is 7.8 percent, and over five years, 7.7 percent net.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today committed up to $2.5 billion to low-carbon strategies in U.S., non-U.S. developed and emerging equity markets.
The passively managed equity portfolio will be invested in an index designed to have significantly lower exposure to carbon emissions than the broad market and nearly complete reduction in exposure to fossil fuel reserves.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System retained the services of the foreign litigation finance group, Bentham Europe, and the international law firm, Quinn Emanuel, which yesterday filed the first of two suits in Germany against Volkswagen AG on behalf of hundreds of institutional funds. The total value of the claims filed yesterday is very significant indeed with shareholders having collectively lost many hundreds of millions of euros, citing the automaker’s admission that it deliberately installed software that misrepresented air quality and emissions information on millions of so-called “clean diesel” vehicles.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System received the Association of Asian American Investment Managers 2016 Founder’s Award today. The award is a one-time honor being given in celebration of AAAIM’s 10th Anniversary.
WEST SACRAMENTO, Calif. – Today, Chancellor Andre G. Bouchard of the Delaware Court of Chancery issued an Order granting Wal-Mart’s motion to dismiss Plaintiffs’ Complaint in In re Wal-Mart Stores, Inc. Delaware Derivative Litigation. The California State Teachers’ Retirement System, the New York City Retirement Funds, and the Indiana Electrical Workers Pension Trust Fund IBEW are Co-Lead Plaintiffs in the case.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today announced the release of its second annual Global Reporting Initiative sustainability report: Fostering a Secure Future. The report provides an overview of CalSTRS’ sustainable practices and performance, including overviews of stakeholder, employee and member engagement; a description of the alignment between CalSTRS’ values and those of its business partners; and, examples of workforce activities promoting sustainable economic, environmental and social business practices, which guide its long-term strategy.
WEST SACRAMENTO, Calif. – The directors of the California State Teachers’ Retirement System’s Corporate Governance and Innovation & Risk units received awards from Institutional Investor Magazine last night at a Los Angeles awards ceremony.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today announced that, for the fourth year in a row, a member of the fund’s investment staff was named to Chief Investment Officer magazine’s influential “Forty Under Forty” list of up-and-coming investment professionals under the age of 40.
