Lynn Strongin-dodds discusses how timber has outperformed both equities and bonds over a 20-year time horizon
US - Total assets at the California Public Employees' Retirement System returned to US$200bn yesterday, a $40bn increase from its March lows, the pension fund said.
GLOBAL - Asset managers and pension plan sponsors are putting working on putting more focus on stress testing and identifying the underlying drivers of risk and return across asset classes in a major overhaul of risk management practices, a new survey...
UK - Hermes Fund Managers has bought a majority interest in Sourcecap International, a growth oriented, active European equity manager.
US - Moody's Investors Services has downgraded the long-term credit ratings of the California Public Employees' Retirement System (CalPERS) and the California State Teachers' Retirement System (CalSTRS) citing severe losses in assets.
US - CalPERS' real estate assets are down nearly 50% over the past year and the pension fund's review of its real estate managers is "well underway," a report by its real estate consultant said.
US - The California Public Employees' Retirement System plans to hire Meketa Investment Group as its lead infrastructure consultant if the appointment is approved at a December 14 investment committee meeting.
Lynn Strongin Dodds looks at the rising trend towards timber investment and the many routes investors can take
US - California Public Employees' Retirement System board member Charles Valdes agreed to pay US$12,500 for accepting campaign contributions in excess of the legal limit for CalPERS board members.