CalSTRS selects eight ESG-focused asset managers and will allocate up to $1bn

US pension giant names the firms after rigorous search

The $225.3bn (€181.6bn) California State Teachers’ Retirement System (CalSTRS) has selected eight ESG-focused asset managers – who will get cash to run when “the right investment opportunity” arrives.

It said the group (see below) of US and non-US fund firms is eligible to recei…

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