The investment industry will need a new kind of leader with a new set of skills to serve the interests of younger generations and create value for society as a whole.
For a pension fund that describes itself as “ponderous”, the $154-billion California State Teachers’ Retirement System, CalSTRS, has moved uncharacteristically swiftly in recent months. The second largest public pension fund in the United States, the plan for teachers and faculty is in the process of divesting its holdings in gun manufacturers following the massacre at […]
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