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 The Returns Gap Shows Investors Can't Stop Chasing Performance James Comtois Continuation Vehicles Ease Pressure on Managers, But LPs Question the Tradeoff James Comtois The Certainty of Uncertainty: Navigating the Shifting Private Landscape Sponsored by KPMG