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 For Members Only Beyond the Biggest Deals, Hedge Funds Are Backing Top IPO Performers Stephen Taub Despite the Hype, Asset Managers Are Measured in Their AI Spend James Comtois Creative Disruption: Private Markets in 2026 Sponsored by Franklin Templeton