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Chris Ailman, the chief investment officer for the giant California teachers’ pension fund, is retiring. He showed the way in navigating a landscape of complexity, hazards and challenges to achieve steady investment success. The chief investment officer of the California State Teachers’ Retirement System is retiring after ...

Chris Ailman, who has served as a CIO in one capacity or another since 1985, has watched as the institutional investment business has gone through huge changes, from technology to investments and globalization. He hopes some changes, such as increasing fees, will slow. And that issues like ...