US - California State Teachers' Retirement System (CalSTRS) has lowered its long term assumptions on the rate of investment returns from 8% to 7.75% and its inflation assumptions by 0.25%
GLOBAL - Deutsche Bank AG and the California Public Employees' Retirement System are among 259 investors urging policy makers to combat global warming or face mounting economic disruptions in the next 40 years.
The California Public Employees' Retirement System (CalPERS) is to conclude its research into a new asset allocation method based on risk exposure.
US - The California State Teachers' Retirement System, the second-largest U.S. public pension, will consider cutting its expected earnings rate on investments to 7.5%, increasing the need for higher contributions as it recovers from market losses.
US - The California State Teachers' Retirement System will discuss implementing an ‘almost radical' new asset allocation that will divide assets into risk buckets, instead of traditional asset classes.
US - California faces liabilities that may exceed five times its annual tax revenue within two years unless lawmakers rein in benefits, according to a study.
US - The California State Teachers' Retirement System (CalSTRS) has successfully pushed through governance improvements at Occidental Petroleum Corporation.
US - The Securities and Exchange Commission has postponed implementing rules giving shareholders a bigger say in board make-up while a court of appeals reviews a lawsuit trying to block the regulations.
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.