US- CalSTRS staff could shift some US$8bn in securities, mostly from equities and into higher returning debt instruments, as it moves to make opportunistic investments to boost alpha.
Staff at the $119.7bn California State Teachers' Retirement System are proposing a 5% decrease, or about a $6bn, move out of global equities in order to take advantage of short term shifts in the m...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
