Chris Ailman, CIO of CalSTRS, explains the breakdown of internal versus passive indexing across CalSTRS's public equity portfolio.
0:00 / 0:10exact quote · 10.2s
720p mp4 · rendered on demand · StarZero watermark
“70% of our U.S. Equity is indexed. We run in-house, but it's indexed. And even then, about another 15% of that is in what now is called smart beta.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Chris Ailman
Insight
Divestment Fails to Bring About Social Change
“We have proven time and again for the last 20 years that divestment does not bring about any social change, and people have to realize boycotts are generally ineffective unless you can get everybody Involved in them.”
CalSTRS Hires Money Managers Using State Cement Procurement Rules
“But frankly, it takes me almost nine months to hire a money manager. Because of the procurement rules, I have to use the same rules that Caltrans uses to buy cement, or somebody else buys equipment. I have to use that to hire money managers. They don't recogni…”
A 2008-Scale Market Crash Is a 60-to-70-Year Event
“We spent a lot of time really studying 2008. We thought it was a one, 1.5% likely occurrence, and realized that, you know what, in this day and age, it's probably closer to a four percent occurrence. And for the listeners, that's in essence, instead of a hundr…”
This entire site, over 700 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.