A Proposed CalPERS Board Code of Conduct Is Still Generating Controversy
The policy has the support of the majority of board members but others argue the vague language can be used against board members who dissent.
Tag: Board Meeting
Asset Allocation
Oregon PERF to Shift Public Equity Allocations
Risk parity, alts-focused diversifying strategies portfolios introduced at meeting.
Asset Allocation
Texas Teachers to Shake Up Strategic Asset Allocation
Fund aims to protect against equity risks.
Asset Allocation
Arizona PSPRS Consolidates 10 Asset Classes into 3
Public safety pension plan will benefit from greater simplicity, says CIO Mark Steed.
Newsmakers
Bridgewater Tells Arizona Pension Fund China Will Be No. 1 Economy in 10 Years
Ray Dalio’s head of China research says trade war is broadly about a power shift.
Newsmakers
Hiring for Texas Teachers’ Private Equity Fleet ‘On Schedule’
CIO Jerry Albright ‘pleased’ as hiring worries for internalization plans diminish.
Eliopoulos: Without Direct Investment Model, CalPERS’s Private Equity Class Will Shrink
CIO tells investment committee there aren’t enough top-tier firms to invest in to sustain growth.
Newsmakers
Actuarial Report Prompts PennSERS Board to Lower Employer Contributions
Board approves nearly $300 million in private equity, multi-strategy investments.
Asset Allocation
Pennsylvania SERS Approves $675 Million in New Investments
System has approved nearly $1.8 billion in investments since September.
Technology Takes Center Stage at CalPERS
Ranadivé tells CalPERS to look for opportunities ‘outside of comfort zone.’
CalPERS Updates Portfolio Allocation After Vote
Fixed-income allocation increases to 28% in new portfolio.
Ahead of Asset Allocation Vote, CalPERS Bends Toward Simplicity
Allocation strategies changes could double investments in fixed-income or add significant risk to the overall investment strategy.
Manager Selection
Okla. Teachers Selects Northern Trust to Manage Index Portfolios
BlackRock and Rhumbline Advisers were among the finalists considered.
Los Angeles Pension System Cuts Rate of Return Assumption
LACERS lowers investment guidance to 7.25% from 7.5%.
Newsmakers
Tampa Retirement Fund Lowers Assumed Rate of Return
Reduction to be phased in over five years.