The footprint of concerned institutional investors trying to do the right thing just gets larger. CalPERS, the California state pension fund wielding assets of $240 billion, has expanded its guidelines for companies in its portfolio to include minimizing climate risks and advocating more diversity among employees and...
Byline: Joel Chernoff SACRAMENTO, Calif. - Fidelity and Vanguard executives needn't lose any sleep over the prospect of CalPERS competing with them. While the idea of an 800-pound gorilla entering money management might strike fear in the hearts Byline: Joel Chernoff...
Byline: Joel Chernoff SACRAMENTO, Calif. - CalPERS' country restrictions on its emerging markets portfolio has cost the fund 2.6 percentage points in performance since they went into effect almost five years ago, according to a staff memo. That Byline: Joel...
Byline: Raquel Pichardo SACRAMENTO, Calif. - In 1932, in the midst of the Great Depression, what would become the country's largest and arguably most influential pension plan was born. The California Public Employees Retirement System has moved Byline: Raquel Pichardo...
SACRAMENTO, Calif. and NEW YORK -- The California Public Employees' Retirement System CalPERS, and Lava Trading Inc., the innovative technology firm that develops high-performance trading solutions for the financial services industry, today announced that CalPERS has selected the LavaFX[R] product suite for foreign exchange trading. CalPERS will use the platform...
Byline: Joel Chernoff SACRAMENTO, Calif. - CalPERS officials are overhauling the fund's $539 million 457 plan. The revamp increases to five from three the number of internally managed investment options the 457 plan will offer to participants. T Byline: Joel Chernoff...
California. The California Public Employees' Retirement System CalPERS has created a new trust fund-the California Employers Retiree Benefit Trust Fund-that allows pubic employers that contract with CalPERS for employee health benefits to prefund the fuCalifornia. The California Public Employees' Retirement System CalPERS has created a new trust fund-the California Employers...
SACRAMENTO, Calif. -- The California Public Employees' Retirement System CalPERS today announced the creation of a new trust fund that allows public employers that contract with CalPERS for employee health benefits to prefund the future cost of their retiree health insurance benefits and other post-employment benefits OPEB.
SACRAMENTO, Calif. -- Retirement benefits paid by the state's two big public pension funds, the California Public Employees' Retirement System CalPERS and the California State Teachers' Retirement System CalSTRS, generate a powerful $21 billion in economic activity statewide every year, according to the first ever study of pension payments, CalPERS...
SACRAMENTO, Calif. -- The California Public Employees' Retirement System CalPERS today announced an innovative $700 million effort to generate superior portfolio returns and improve quality and efficiency in the U.S. healthcare market.
SACRAMENTO, Calif. -- California's largest organization of retired public employees is launching a campaign to elect an experienced new retiree representative at the California Public Employees Retirement System CalPERS to replace Bob Carlson who held an active seat from 1971 to 1991 and the retiree seat from 1991 to 2007.
A move this spring by CalPERS brings new meaning to a diversified portfolio. The nation's largest public pension fund announced in April the hiring of four consulting firms to provide expertise on the issue of diversity as it relates to the investment ind A move this spring by CalPERS brings...
Byline: Joel Chernoff SACRAMENTO, Calif. - The CalPERS board is backing away from its controversial eligible emerging markets policy that bars investments in companies based in countries with poor human rights policies and weak investor protection Byline: Joel Chernoff SACRAMENTO,...
WHO: California Public Employees' Retirement System CalPERS WHAT: Press availability, TELECONFERENCE WHEN: 11 a.m., Wednesday, April 19, 2006 WHERE: Room 1140, Lincoln Plaza North CalPERS headquarters ...
Byline: Matt Hudgins Ted Eliopoulos Age: 43 Company: California Public Employees' Retirement System Title: Senior Investment Officer, Real Estate Time...
Byline: JOANNE WOJCIK SACRAMENTO, Calif.-Employers that purchase health care coverage through the California Public Employees' Retirement System will see their rates go up an average of 6.3% in 2008-the smallest increase in a decade. The increa Byline: JOANNE WOJCIK ...
SACRAMENTO, Calif. - CalPERS invested $75 million in OZ Domestic Partners II, a multistrategy hedge fund managed by Och-Ziff Capital Management Group. The fund uses merger arbitrage, long-short equity special situations, convertible/capital structure SACRAMENTO, Calif. - CalPERS invested $75 million in OZ Domestic Partners II,...
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