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 Bryn Mawr’s CIO on Liquidity and Navigating Market Turbulence James Comtois MSU CIO Philip Zecher’s Scientific Method Michelle Celarier Podcast: Uncovering Opportunities in Direct Real Estate Sponsored by Fidelity Investments