Investors - NOVEMBER 8, 2019

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

CalSTRS’ new asset allocation plan to increase infra target

by Kali Persall

The $242 billion California State Teachers’ Retirement System has increased the long-term targets of its inflation-sensitive assets, including infrastructure, as part of a new asset allocation cycle planned for next year.

CalSTRS increased to 6 percent the target allocation for its inflation-sensitive program, which is composed of infrastructure, commodities, Treasury inflation-protected securities (TIPS), and agriculture and timber, according to a board meeting document. The pension fund’s inflation-sensitive assets currently have an actual allocation of 2.7 percent and a target allocation of 3 percent.

In September, the pension fund said it was considering alternatives for the new cycle and would begin discussing alternative allocati

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.