CalSTRS looks to Commodities

June 1st, 2010
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This week, the United States’ second-largest pension fund will vote on whether to invest in commodities to hedge against inflation, which is a source of risk for a fund indexed to consumer inflation. According to the Financial Times, the California State Teachers’ Retirement System (CalSTRS) is contemplating a “long-term strategic commitment to commodities.” Under this new plan, commodities such as oil and copper would be added to the more traditional portfolio mix of equities and bonds.
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Related People: Jack Ehnes
Related Entities: The California State Teachers Retirement System
Related Article Tags: Investment Management, Fund Manager and General Financial News

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