Today, he outlines goals for the fund, and his first moves.
There are unique challenges as you get larger and larger in asset size, it gets tougher and tougher to move around the markets. That’s why you don’t come in and make dramatic shifts. Over time, it’s more a course correction as you’re moving.
Tomorrow – 20/20 Foresight – How Christopher Ailman’s past experience may influence the future direction of CalSTRS.