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CalSTRS puts small caps under microscope

Encouraging the widespread corporate adoption of a majority-voting standard, promoting diversity on boards and collaborating to improve the way funds report environmental performance are just some of the focuses of the CalSTRS corporate governance team. Anne Sheehan, CalSTRS’ director of corporate governance, talked exclusively with top1000funds.com about what the key issues are for the self-described […]
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CalPERS, CalSTRS champion for diversity

The Californian pension funds, CalPERS and CalSTRS, have taken a leadership role in promoting corporate board diversity, demonstrated in the launch at the NYSE this week of 3D with GMI Ratings, and membership in the Thirty Percent Coalition. 3D, which stands for Diverse Director DataSource, is a databank of pre-approved board candidates with an emphasis […]
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Doubts raised about Cal pension plan

While Virginia is the latest US state to announce an overhaul of its public pension system, a report into California’s pension reform plans says it does little to address CalSTRS’ $56 billion of underfunded liabilities and that some proposals may be unconstitutional.
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