US - The California Public Employees' Retirement System's (CalPERS) president Rob Feckner has urged the other members of the fund's board to support laws which would submit placement agents to the same rules as lobbyists.
US - The California Public Employees' Retirement System will nearly halve its allocation to AllianceBernstein's international bond mandate and PIMCO's high yield mandate in response to market conditions. The pension fund also plans to sell US$8bn in fixed...
US - The California Public Employees' Retirement System (CalPERS) plans to search for a new general investment consultant, and the incoming advisor will have to offer a broader scope of services than in the past.
US - A Congressional vote yesterday cleared the way for pension funds and other shareholders to nominate board directors.
US - The chief investment officer of the California Public Employees' Retirement System has warned of being left with merely the appearance of reform as memories of the financial crisis fade.
US - The California Public Employees' Retirement System is striking back at a media report suggesting staff and trustees increased its exposure to private equity despite warnings from its consultant.
US - The California Public Employees' Retirement System (CalPERS) has endorsed new principles for private equity relationships that aim to improve the alignment of interests among partners, governance and transparency.
US - The California Senate has passed a bill requiring more disclosure by placement agents looking for business from government pension funds.
Raquel Pichardo-Allison speaks to Joe Dear, who became the chief investment officer at the US$179bn California Public Employees Retirement System (CalPERS) this year
Raquel Pichardo-Allison speaks to Joe Dear, who became the chief investment officer at the US$179bn California Public Employees Retirement System (CalPERS) this year