CalSTRS Named Large Public Fund Investment Manager of the Year
Institutional Investor Magazine has named the California State Teachers' Retirement System (CalSTRS) its Large Public Fund Manager of the Year

News release

WEST SACRAMENTO, CA – Institutional Investor Magazine has named the California State Teachers’ Retirement System (CalSTRS) its Large Public Fund Manager of the Year.

CalSTRS Investment Committee Chair Harry Keiley announced the award at the committee’s meeting on Thursday April 7, 2011.

The magazine will recognize CalSTRS at its 2nd Annual U.S. Investment Management Awards on May 19, 2011.

“This award recognizes the quality of the investment team here at CalSTRS and demonstrates to our members, the investment community and the public that we have one of the best investment organizations in the U.S.,” Keiley said. “This is a testament to the hard work and dedication of Chief Investment Officer Christopher Ailman and his highly professional staff, who have guided our fund toward recovery from the worst economic downturn since the Great Depression.”

Manager award winners were selected by the editors of Institutional Investor Magazine based on the results of a survey of U.S. institutional investors as well as their market intelligence and performance data.

The CalSTRS Investment Committee oversees and guides the $150 billion investment portfolio of the largest teacher pension fund in the U.S. Managing the fund is a staff of 105 professionals with a mix of internal and external investment managers. The CalSTRS Investment Office has gained global recognition for its depth, innovation and quality.

“Investment success is integral to maintaining a robust retirement system for California’s educators, with more than 50 cents of every benefit dollar coming from investment returns,” said CalSTRS Chief Executive Officer Jack Ehnes. “The high-quality investment management we’ve benefited from will be all the more crucial as we move forward, and this recognition from one of the most prestigious magazines in the investment community is very encouraging.”

Institutional Investor Magazine has recognized people and companies in the U.S. and around the world for investment performance and professional excellence for more than 30 years.

“It’s a humbling but well–deserved acknowledgement of the excellent work the investment professionals on our staff do every day to safeguard the financial security of California’s educators,” said Christopher Ailman, CalSTRS Chief Investment Officer. “We intend to keep building on that work to continue earning our members´ trust through careful, thoughtful and innovative investment management.”

The California State Teachers´ Retirement System administers retirement, disability and survivor benefits for California´s 852,000 public school educators and their families from the state´s 1,600 school districts, county offices of education and community college districts.