Raising the Standards of Practice

Building Trust and Confidence, One Signature at a Time

Integrity, diligence, and competence are important principles in just about any business, but when trillions of dollars and the financial well-being of millions of everyday people are at stake, these virtues are sacrosanct. 16 of the largest and most influential pension plan sponsors in North America, representing more than $1.5 trillion in assets under management, have proudly signed an open letter urging investment management firms to ensure they are placing their clients’ interests ahead of their own by embracing the standards set forth in the CFA Institute Asset Manager Code. Signatories include:

  • Arizona State Retirement System

  • Caisse de dépôt et placement du Québec

  • California Public Employees' Retirement System

  • California State Teachers' Retirement System

  • Commonwealth of Pennsylvania Public School Employees' Retirement System

  • Employees Retirement System of Texas

  • Illinois Municipal Retirement Fund

  • Massachusetts Pension Reserves Investment Management Board

  • New York City Board of Education Retirement System

  • New York City Employees’ Retirement System

  • New York City Fire Pension Fund

  • Oregon State Treasury

  • State Board of Administration of Florida

  • Teacher Retirement System of Texas

  • Virginia Retirement System

  • Washington State Investment Board

Make Your Principles Your Policy

Send a powerful message to your clients that your values are more than just talking points and join over 1,300 firms worldwide who have claimed compliance with the CFA Institute Asset Manager Code.

Make the Commitment


Become a Signatory

To add your name to the growing list of pension funds who support the CFA Institute Asset Manager Code, email ethics@cfainstitute.org.