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 Why Guardian’s Nick Liolis Blew Up the Insurance CIO Playbook Julie Segal Seligman Delivers Best Performance on Record Stephen Taub Navigating Private Markets in 2026: Q&A with StepStone and Fidelity Sponsored by Fidelity Investments