Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
myFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • Americas
    • Middle East and North Africa
    Most Read
    • Covid vaccines show few serious side-effects after millions of jabs
    • Rishi Sunak delivers spend now, tax later Budget to kickstart UK economy
    • Tempers fray over France’s vaccine strategy
    • Budget to give £20bn extension to UK Covid support until September
    • Inside ultra-Orthodox Jews’ battle with the virus and the Israeli state
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Yuval Noah Harari: Lessons from a year of Covid | Free to read
    • Biden says US will have enough jabs to vaccinate all adults by end of May
    • US Treasury bond wobble heightens concerns over health of $21tn market
    • Insurer Oscar Health falls in Wall Street debut after $1.4bn IPO
    • Biden’s $1.9tn stimulus bill risks turbulent landing in Senate
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • German regulator files criminal complaint against Greensill Bank
    • Greensill’s demise shines spotlight on government ties
    • Nikola dropped claim on truck weight after US investigations began
    • Greensill Capital prepares to file for insolvency
    • Amazon opens first physical store outside North America
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    Most Read
    • Hedge funds cash in on the ‘great reflation trade’
    • US Treasury bond wobble heightens concerns over health of $21tn market
    • Lebanese currency plunges to new low fuelling nationwide protests
    • Asian stocks fall as inflation worries stalk markets
    • Will ‘copycat economics’ in emerging markets have to end?
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Bitcoin 1.0: the ancient stone money of Yap
    • The UK’s ‘new Tory’ economics are different but insufficient
    • Leavers will forever blame Brussels for Brexit’s failure
    • Sunak’s tax freezes are not as harmless as they seem
    • The curious appeal of Birkenstocks
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • Should I reveal I have a difficult boss when interviewing for jobs?
    • The scourge of work email is far worse than you think
    • Ideas flow as an orchestra and school team up
    • FT business books: March edition
    • Negotiation skills prove their real-world worth
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Yuval Noah Harari: Lessons from a year of Covid | Free to read
    • Budget 2021: What it means for your money
    • Roll back the gears: Japanese classic motorcycles zoom back into focus
    • Bitcoin 1.0: the ancient stone money of Yap
    • The curious appeal of Birkenstocks
  • How to Spend It
  • Sign In
  • Subscribe
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • How to Spend It
Financial Times
  • Sign In
  • Subscribe

$50 for your first 3 months Get the print edition and steer from crisis to recovery

Subscribe now

California State Teachers' Retirement System

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Saturday, 5 December, 2020
    Calstrs plans green shift after Joe Biden’s victory

    The $254bn pension fund hopes to cut emissions and boost eco-friendly investments

  • Friday, 28 August, 2020
    Merryn Somerset Webb
    Private equity is a club and the ordinary investor is not invited

    Allowing public markets to wither could worsen wealth inequality and dent public acceptance of capitalism

  • Sunday, 21 June, 2020
    Jonathan Ford
    The real ‘Money Heist’ is taking place in private equity

    The depressing part is the willingness of pension funds simply to hand over the swag

  • Monday, 4 May, 2020
    Pensions industry
    Top US pension plans eye private credit

    Move to capitalise on dislocations across market stemming from coronavirus pandemic

  • Wednesday, 4 March, 2020
    ESG investing
    Pension fund giants team up in attack on ‘short-termism’

    GPIF, Calstrs and USS warn of potential ‘catastrophic’ risk of sole focus on short-term returns

  • Friday, 29 March, 2019
    Chinese politics & policy
    US pressure building on investors in China surveillance group

    Pension funds own stakes in Hikvision, which provides technology for Xinjiang detention camps

  • Sunday, 10 March, 2019
    Fund management
    Investors put US prisons companies under scrutiny

    Human rights concerns prompt resolutions at Geo and CoreCivic annual meetings

  • Monday, 1 October, 2018
    Companies
    Calstrs aims to double infrastructure investment
  • Saturday, 29 September, 2018
    Fund management
    California turns up the heat on climate change disclosures
  • Promoted Content
  • Wednesday, 22 August, 2018
    Opinion
    How Tesla’s board can mitigate Musk’s damage

    The SEC is in a difficult quandary as it investigates the ill-advised tweet

  • Monday, 9 July, 2018
    Fund management
    Movers & shakers, July 9

    Calstrs has appointed Julie Underwood as chief financial officer

  • Monday, 2 July, 2018
    Fund management
    Movers & shakers, July 2

    Schroders has appointed Peter Hall as global head of wealth management

  • Tuesday, 12 June, 2018
    Companies
    US pension fund Calstrs to vote against WPP chairman’s re-election
  • Monday, 14 May, 2018
    Hedge funds
    Activists don ESG cloak to whip up support

    Investor concern over the iPhone’s effect on children reveals a fresh line of attack

  • Thursday, 10 May, 2018
    FTfmAeisha Mastagni
    Facebook’s share structure is akin to a ‘dictatorship’

    The company has grown at an unbelievable pace, it is time for its governance to catch up

  • Sunday, 6 May, 2018
    Capital markets
    Top public pension funds delve deeper into equities

    Only one of the 16 largest funds has raised its exposure to bonds since 2008

  • Monday, 8 January, 2018
    US & Canadian companies
    Apple pressured over children’s iPhone use

    Jana Partners and Calstrs say company risks regulatory backlash over addiction fears

  • Sunday, 18 June, 2017
    Fund management
    State Street asks SEC to block non-voting shares

    Asset manager wants regulator to strengthen shareholder rights by changing IPO rules

  • Monday, 8 May, 2017
    Financial services
    Dakota pipe lenders under pressure to withdraw

    Trump approval renews campaign to reroute project

  • Sunday, 30 April, 2017
    FTfmStephen Foley
    A surprising definition of board independence

    BlackRock’s new lead independent director is a 17-year veteran, says Stephen Foley

  • Saturday, 11 February, 2017
    Impact investing
    Nordea bans investment in Dakota Access pipeline

    Environmental and reputational risks of controversial project concern Nordic bank

  • Friday, 10 February, 2017
    Emerging markets
    Trump leaves emerging markets in wait-and-see mode

    Investors are optimistic but worried about US president’s trade and immigration stance

  • Friday, 3 February, 2017
    Technology sector
    Snap’s offer of voteless shares angers big investors

    Top US pension funds send public letter of objection to group ahead of IPO 

  • Sunday, 16 October, 2016
    Pensions industry
    ‘Best way to better returns — lower costs’

    Calstrs’ chief executive says externally managed money needs to be brought in-house

  • Sunday, 16 October, 2016
    Pensions industry
    Calstrs to pull $20bn from fund managers

    California teachers’ pension scheme says it is cheaper to manage money in-house

Previous You are on page 1 Next

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

FT LiveShare News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingContracts & Tenders
Executive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools

Tools

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School Rankings
Enterprise ToolsNews feedNewslettersCurrency Converter
More from the FT Group
Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2021. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

International Edition

  • Switch to UK Edition
  • Top sections
  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • Americas
    • Middle East and North Africa
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • How to Spend It
  • Special Reports
  • FT recommends
  • Graphics
  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • FTfm
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In