Why Calstrs aims to ramp up its internal investing team

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. California State Teachers’ Retirement System plans to insource more of its investing capabilities to cut investing costs amid a volatile global backdrop – thanks in part to the US-China trade war. Asian institutional investors will be intere…