Collaborative Model Grows At CalSTRS
Posted on 12/14/2023
Change has been afoot for California State Teachers Retirement System (CalSTRS). CalSTRS changed its benchmark recently, to a mix of 70% stocks and 30% fixed income. CalSTRS has US$ 315.6 billion in assets. The MSCI All World Country index and the Bloomberg Barclay’s Aggregate index will set the new benchmark, pushing out Morningstar’s Moderate Target…