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 Private Equity Fundraising Remains Glum, Four Years On Michelle Celarier Nature Conservancy Taps Arizona State’s Jeff Mindlin as CIO James Comtois The Historical Benefits of US Private Real Estate Sponsored by Invesco