US - The California Public Employees' Retirement System (CalPERS) has dismissed its lawsuit against Fitch Ratings but will maintain its action against fellow ratings agencies Moody's and Standard & Poor's.
GIC; Neuberger Berman; PIMCO Australia; Mirae Asset Global Investments Group; AustralianSuper; SL Investment Management; FRTIB; FINANCIAL; EFRP; Mercer; Deutsche Asset Management
US - The California Public Employees' Retirement System (CalPERS) has approved a new $200m programme for emerging real estate managers with less than $1bn of assets under management.
US - Fitch Ratings has rated the credit enhancement programmes (CEP) offered by California Public Employees' Retirement System (CalPERS) and the California State Teachers' Retirement System (CalSTRS) "AAA" and "AA+", respectively.
US - The Investment Committee of the California Public Employees' Retirement System (CalPERS) is to hold a workshop to examine how best to integrate environmental, social and governance (ESG) issues into the pension fund's investment process.
US - The California Public Employees' Retirement System (CalPERS) Board member Priya Sara Mathur has been elected on to the advisory council of the United Nations-backed Principles for Responsible Investment (PRI).
US - Senior officials at ten pension funds have written a letter urging President Barack Obama and congress to act quickly to raise the debt ceiling and address the budget deficit or face dire consequences.
US - Institutional investors are bemoaning a US Court of Appeals decision to overturn the Security and Exchange Commission's proxy-access rule, which would have allowed investors to nominate their own candidates for company boards.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
Lynn Strongin Dodds looks at how the recent AIMA guidelines are designed to improve governance in the hedge fund industry