WEST SACRAMENTO, Calif.--(EON: Enhanced Online News)--The California State Teachers' Retirement System (CalSTRS) today announced that Chief Investment Officer, Christopher Ailman received the number three spot in aiCIO magazine’s 2013 Chief Investment Officer Power 100. The list ranks and profiles the 100 most influential and powerful asset owners in the world.
“I am very honored and humbled to achieve such a high ranking”
The ranking places Mr. Ailman at the top of U.S. investment chiefs on this year’s list. Mr. Ailman joins Henrik Gade Jepsen, CIO of ATP (Denmark) and David Neal, CIO of the Australian Government Future Fund, who rank number one and two, respectively.
“I am very honored and humbled to achieve such a high ranking,” said Mr. Ailman. “You don’t achieve this type of recognition without a world-class investment staff and I proudly share this recognition with the whole CalSTRS investment team.”
“Christopher’s ranking among this globally influential group is a real feather in CalSTRS’ cap,” said CalSTRS Chief Executive Officer Jack Ehnes. “This accolade speaks to our staff’s skill at developing the leading-edge of innovation to create value at a prudent level of risk, all of which helps secure the retirement of California’s educators.”
Mr. Ailman is the longest serving CIO in CalSTRS history having joined the Fund more than 13 years ago. He serves on numerous boards and on the investment Index Committee, specializing in U.S. and global equity indices, in the U.S. and U.K. He is also the Co-Chair of the Milken Global Capital Markets Advisory Council and was named to the CIO 300 Club earlier this year. The 300 Club is an independent global group of leading investment professionals who address the urgent need to raise uncomfortable and fundamental questions about the foundations of investing and the investment industry.
aiCIO magazine’s ranking is a qualitative compilation based on whom the industry recognizes as leading the institutional investor community in such categories as risk-factor approaches, infrastructure investments and novel advances in risk management.
The California State Teachers’ Retirement System, with a portfolio valued at $172 billion as of September 30, 2013, is the largest educator-only pension fund in the world. CalSTRS administers a hybrid retirement system, consisting of traditional defined benefit, cash balance and voluntary defined contribution plans. CalSTRS also provides disability and survivor benefits. For 100 years, CalSTRS has served California's public school educators and their families, who today number 862,000 from the state’s 1,600 school districts, county offices of education and community college districts.