Asset Allocation
CalPERS Revises Fixed Income and Public Equity Investment Policies
The policies move away from return-oriented goals to being a source of liquidity and strong beta.
Tag: California
Corporate Moves
CalSTRS Searches for Director of Investment Services
The position on the senior investments team will replace COIO Debra Smith, who retired this month after 24 years at the fund.
Pensions
California Pension Spiking Case Nears End in Court Showdown
Public sector workers want to strike down a provision that stops them from winning higher benefits in retirement.
Corporate Moves
CalSTRS COIO Debra Smith to Retire in May
The largest educator retirement system will soon search for her successor.
Coronavirus - COVID-19
CalSTRS CEO Jack Ehnes Postpones Retirement Because of Coronavirus
The decision came after a request from the board, which said it needs time to conduct an executive search.
Coronavirus - COVID-19
CalSTRS Prepares its Employees to Shelter in Place
The retirement system has closed its member service locations and temporarily suspended its contact center to adhere to the state mandate.
Coronavirus - COVID-19
CalPERS Employee Tests Negative For Coronavirus
Good news is overshadowed by market reactions to the coronavirus pandemic that have cost the largest US pension plan more than $50 billion.
Coronavirus - COVID-19
Possible CalPERS Coronavirus Case Forces Investment Meeting Cancellation
The CalPERS headquarters was also closed Monday, the same day as the scheduled meeting.
Corporate Moves
Skjervem Resigns From Oregon State Treasury
The chief investment officer is moving to an investment management consulting firm in Northern California.
Pensions
CalSTRS Revamps ESG Guidelines
The new guidance is meant to help the pension system engage companies in its portfolio where it can have the most impact.
News
CalPERS, Just Missing Target, Broadens Its Investment Strategies
The giant pension fund is switching from return-oriented goals to a sharper focus on liquidity and strong betas.
Newsmakers
Defeated CalPERS Board Candidate Says Election Was Rigged Against Him
Former board member J.J. Jelincic protests the October 17 election, claims CalPERS team plotted to thwart his candidacy.
Asset Allocation
CalSTRS Takes a Look at Other Allocation Options
Pension identifies six potential asset allocations for $236.9 billion portfolio.
Newsmakers
California Supreme Court Rules in Favor of Pension Benefit Cuts
Despite the ruling, the court sidestepped a much larger issue, whether core pension benefits promised at the time of hire for public workers can be changed.
Newsmakers
California Pensions Convene Anti-Sexual Harassment Coalition
Group highlights financial risks sustained from misconduct in the workplace.