US - The California Public Employees' Retirement System (Calpers) lost US$284.6m in value as the largest oil spill in U.S. history erased more than US$1.4bn from BP shares held by 42 state retirement accounts, data compiled by Bloomberg shows.
US - The Teacher Retirement System of Texas (TRS) has reported record investment returns of 35% for the full financial year.
US - The Teacher Retirement System of Texas (TRS) has announced that its executive director, Ronnie Jung, is to stand down.
US - A federal judge has approved a US$150m settlement between Bank of America and the Securities and Exchange Commission settling charges that the bank failed to disclose material information about its acquisition of Merrill Lynch.
US - The Teachers Retirement System of Texas' (TRS) strategic partnership programme, which allows managers to provide proprietary research to the scheme alongside running broad asset management mandates, has returned 7.3% since its implementation a year...
US - Five pension funds have filed an amended complaint against Bank of America (BofA) alleging the firm mislead investors in the lead-up to the bank's acquisition of Merrill Lynch.