US - The California Public Employees Retirement System, the largest U.S. public pension fund, voted to split the roles of chairman and chief executive officer at JPMorgan Chase & Co. currently held by Jamie Dimon.
US - The California Public Employees' Retirement System (CalPERS) will review forecasts of capital market returns in preparation for the adoption of a new three-year asset allocation policy in December.
US - The California attorney general has accused former CalPERS board member Alfred Villalobos, now a third party marketer, with bribing former chief executive Fred Buenrostro in order to gain business for private equity firms including Apollo Global...
US - Standard & Poor's, Moody's Investors Service and Fitch Ratings must face the California Public Employees Retirement System's lawsuit claiming their faulty risk assessments on structured investment vehicles caused US$1bn in losses.
US - The California Public Employees Retirement System has struck a deal with Apollo Global Management that sees the private equity fund manager reducing its existing fees by US$125m over the next five years.
GLOBAL - BP's disclosure on the financial, environmental and human rights risks of its controversial Canadian tar sands project remains insufficient, an investor coalition said.
US - Californian schemes have dismissed the conclusions of a study by the Stanford Institute for Economic Policy Research (SIEPR), which claimed the funding level of the three largest Californian pension funds has so far been understated due to the accounting...
GLOBAL - Top US and Australian pension funds are supporting a resolution filed by a group of investors from all over the world asking British Petroleum (BP) to disclose information on oil sand projects.
US - The California Public Employees' Retirement System (CalPERS) is looking to gain exposure to direct infrastructure assets while building strategic relationships with other investors.
US - The funding level of the three largest Californian pension funds has so far been understated due to the accounting rules used, a study by the Stanford Institute for Economic Policy Research (SIEPR) revealed.