US - Law firm Manatt Phelps & Phillips has agreed to a five year ban on appearing before any New York public pension fund and will pay $550,000 to the state, Attorney General Andrew Cuomo said.
US - The California Public Employees' Retirement System (CalPERS) has severed ties with Pacific Corporate Group (PCG) as part of an ongoing review of its private equity programme.
US - California Governor Arnold Schwarzenegger has reached an agreement with the Service Employees International Union (SEIU).
Risk parity is being hailed by some as an effective way of reducing risk without sacrificing returns, while others warn such promises are an illusion. Chris Panteli finds out more
US - The California Public Employees' Retirement System (CalPERS) has replaced BlackRock Realty Advisors as manager of a $1bn apartment real estate portfolio.
US - The California Public Employees' Retirement System (CalPERS) says new rules governing the registration of placement agents will improve the transparency in the fund's investment process.
US - CalPERS is supporting Massey Energy's improved corporate governance proposals in the wake of a coal mine explosion which killed 29 of the firm's employees.
US - New York City's $36bn pension fund for civil-service employees fired a money management firm headed by former U.S. Securities and Exchange Commission chairman Richard Breeden, who was stung by losses on his investment in retail jeweler Zale Corp....
US/BRAZIL - The California Public Employees' Retirement System (CalPERS) has committed $190m to a $200m Brazilian real estate fund.
US - The California Public Employees' Retirement System is to appoint a senior risk officer and launch a 24-hour whistleblower helpline following the Bell City fraud scandal.