US - The California State Teachers' Retirement System posted returns of 12.3% for the year ended June 30 but said losses from the financial crisis remain on the books.
The positive returns come after CalSTRS suffered its worst returns in its history in 2009 when returns came in at -25% for the year. CalSTRS chief investment officer Christopher Ailman (pictured...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date