CHICAGO -- CenterPoint Properties Trust (NYSE:CNT) ("CenterPoint"), the California Public Employees' Retirement System ("CalPERS") and LaSalle Investment Management ("LaSalle") today announced that CalEast Industrial Investors LLC ("CalEast") and CenterPoint reached a definitive agreement whereby CalEast will acquire CenterPoint for $50 per common share in cash. CenterPoint is a publicly...
LONDON, December 8 /PRNewswire/ -- CenterPoint Properties Trust (NYSE: CNT) ("CenterPoint"), the California Public Employees' Retirement System ("CalPERS") and LaSalle Investment Management ("LaSalle") today announced that CalEast Industrial Investors LLC ("CalEast") and CenterPoint reached a definitive agreement whereby CalEast will acquire...
One of the world's largest pension funds has called on Royal Dutch/Shell to lead the oil industry in adopting more transparent and meaningful reporting on reserves through the use of external auditors. The $168 billion California Public Employees' Retirement System Calpers, alongside corporate governance activists Knight Vinke Asset...
Shaken by shareholders' long-running revolt against overpaid CEOs, weak boards and poorly run businesses, the nation's corporations are starting to strike back. Business officials are challenging the new post-Enron rules, calling them harsh and costly. They're blasting the two strongest forces in the governance movement: California Public Employees' Retirement...
Algorithms * An industry vet is launching an agency brokerage to tap into demand for algorithmic trading. Fred Graboyes, a quant formerly with money manager Intech and Bank of New York Securities, has established Paravane Partners. The six-man operation is seeking to benefit from the current passion on the...
Algorithms * An industry vet is launching an agency brokerage to tap into demand for algorithmic trading. Fred Graboyes, a quant formerly with money manager Intech and Bank of New York Securities, has established Paravane Partners. The six-man operation is seeking to benefit from...
M2 PRESSWIRE-29 December 2003-Free and Clear Press Corps: Gabor Sandor Acs, international financier and philanthropist calls for the resignation of top Italian public officialsC1994-2003 M2 COMMUNICATIONS LTD RDATE:12252003 London, England -- Gabor Sandor Acs, Hungarian born financier and philanthropist, is...
M2 PRESSWIRE-29 December 2003-Free and Clear Press Corps: Gabor Sandor Acs Hungarian philanthropist heads up paralegal and pro bono network for International Bank Activities Reform CommissionC1994-2003 M2 COMMUNICATIONS LTD RDATE:12242003 Budapest-Hungary -- Hungarian born financier and philanthropist, Founder of the...
SACRAMENTO -- The nation's largest public pension fund announced Tuesday it is filing a class action lawsuit against the New York Stock Exchange, alleging that fraudulent practices have cost it millions of dollars in recent years. The $154 billion California Public Employees Retirement System, representing an estimated...
SACRAMENTO, Calif. - The CalPERS board on Dec. 13 approved a $500 million allocation to create an internally managed alpha incubator for global equities. The $180 billion California Public Employees' Retirement System, Sacramento, will pursue low- SACRAMENTO, Calif. - The CalPERS board on...
The Boston Globe Knight Ridder/Tribune Business News Nov. 18--Despite a personal appeal by Putnam Investments' new chief executive, Charles "Ed" Haldeman, the board of trustees of the California Public Employees Retirement System yesterday voted to dump Putnam as manager of $1.2...
MANILA, Nov 3 Asia Pulse - Highlights of today's newspapers: THE MANILA TIMES: - Banks in the country need to improve their lending practices, are still expensive to run, and require more capital, according to the Bangko Sentral ng Pilipinas BSP. -...
BOSTON -- CalPERS CEO Fred Buenrostro, selected as the most influential player in corporate governance by Directorship magazine, will address the 8th annual Directorship Institute on December 11 and 12 in New York. Buenrostro will speak at a dinner that opens the conference and honors recipients named to the Directorship...
Unwitting investors may be financing nuclear proliferation and human-rights abusers as Beijing goes to the U.S. equity and bond markets for billions of dollars. Is your individual retirement account bankrolling Communist China's nuclear-weapons program? Is that promising oil stock in your portfolio financing a war of extermination against Christians...
Knight Ridder/Tribune Business News Oct. 21 -- The California Public Employees' Retirement System governing board voted Wednesday to support a federal proposal to stamp out "pay-to-play" campaign contribution fraud. The pension fund's 13-member board also decided to make it easier for...
Knight Ridder/Tribune Business News Oct. 20 -- The California Public Employees' Retirement System governing board will decide today whether to support a proposed federal regulation aimed at eliminating "pay-to-play" campaign contribution fraud. The rule, proposed by the Securities and Exchange Commission,...
SACRAMENTO, Calif. -- Fred Buenrostro, Chief Executive Officer of the California Public Employees' Retirement System CalPERS and Jack Ehnes, Chief Executive Officer of the California State Teacher's Retirement System CalSTRS issued the following joint statement today about the announcement made by SEC Chairman Christopher Cox on proxy access:
CalPERS' staff proposed selecting Barclays Global Investors, Baring Asset Management and JPMorgan for a new enhanced index international equity pool. Staff of the $183.6 billion pension fund also proposed that Alliance Capital, PanAgora Asset Managem CalPERS' staff proposed selecting Barclays Global Investors, Baring Asset Management...
SACRAMENTO, Calif. - CalPERS staff recommended investing $500 million in an internally managed pilot commodities program. The program would be in a diversified portfolio that would be fully collateralized. Its main objective would be to add diversifi SACRAMENTO, Calif. - CalPERS staff recommended investing $500 ...
The California Public Employees' Retirement System CalPERS recently urged Congress, the Securities and Exchange Commission SEC and others to adopt a package of financial market reform proposals. The nation's largest public pension fund said that it The California Public Employees' Retirement System CalPERS recently urged Congress, the Securities...