The Most Important Principle for Money Managers Is Ethics Ethics have been in rare form on Wall Street for many years, says CalSTRS CIO Christopher Ailman. And it's the single trait that all money managers should have. Related Articles Bill Ackman’s Pershing Square Is Losing Money, but He’s Still Asking Investors for More Michelle Celarier When Oil Becomes the ‘Main Character,’ These Hedge Fund Strategies Outperform Julie Segal LP Financing Solutions: A Creative Alternative for LPs Looking to Generate Liquidity Sponsored by Dawson Partners