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CalSTRS CIO: Here’s how I’m beating markets

Lawrence Lewitinn
Talking Numbers
CalSTRS CIO: Here’s how I’m beating markets

Chris Ailman, CIO of CalSTRS, the $165 billion teachers' fund, had returns of 13.8%. Here's how he did it.

He manages an astounding $165 billion and is responsible for the retirement fund of over 862,000 Californian teachers. Over the last twelve months, he has earned an impressive return of 13.8%, outperforming the policy benchmark.

Chris Ailman, Chief Investment Officer of the California State Teachers’ Retirement System (CalSTRS), has had a spectacular year. Not only has he had double-digit returns on one of the world’s largest pension funds, he has also hit homeruns in specific asset classes such as global equity (up 19.2%) and real estate (up 14.1%).

Speaking with Talking Numbers, Ailman discussed how he did it and what he thinks the next twelve months look like.

But, his most fascinating comments had to do with what he thinks of gold.

Watch the video above to hear what Ailman has to say in this riveting Talking Numbers interview.