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 Why Monthly U.S. Jobs Reports Diverge but Long-Term Trends Align Sponsored by CME Group