CalPERS: Board Diversity Efforts Beginning to Work
18% of US companies targeted in July 2017 now have, or have concrete plans to have, women and minority board members.
18% of US companies targeted in July 2017 now have, or have concrete plans to have, women and minority board members.
Plan targets stock exchange practice that asset managers say leads to higher prices for investors like them.
Critics express fiduciary concerns.
‘CalPERS Direct’ would help largest US fund to bypass high fees.
Spokesman said cities will not be able to pay monthly contributions if returns are that low.
Eliopoulos' leave comes at a crucial time for the mega pension fund.
CIO plans to spend more time with family, fund will conduct a national search for his replacement immediately.
Three bills aimed at lowering state pensions costs are shot down by Senate committee.
Another $260 million invested in synthetic equity portfolio.
Treasurer’s initial proposal of 30% diverse dismissed as ‘arbitrary and limiting.’
Curtis Ishii to end 40-year tenure in July; Arnie Phillips is named interim fixed income director.
ABB’s multi-asset pension portfolio achieved a total return of 24.63% over the last four years.
State treasurer requested fund define a diverse board as at least 30% women.
Appointee viewed as key architect of sustainable investment guidelines for previous department.
John Chiang urges institutional investors to divest from sellers of military-style weapons.