Why Calstrs aims to ramp up its internal investing team
The CIO of the $234 billion US pension fund told AsianInvestor how much it could save by insourcing more investments. But building the requisite team may not be easy.
Difficult times often call for decisive action. That may explain why the US’s second biggest public pension fund is embarking on an overhaul of how it manages its assets, with a view to reducing costs and keeping closer control of its risks.
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