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.
For Detailed Investor Profiles on these Investors, click below:
CalSTRS
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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