Upon CIO’s Departure, CalPERS Has some Big Shoes to Fill
Eliopoulos' leave comes at a crucial time for the mega pension fund.
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.
Engagement led to 17 banks disengaging from the project.
Proposed legislation would create an optional defined contribution plan.
But fund’s 4.6% loss is nearly half of what market lost overall, Eliopoulos says.
Ranadivé tells CalPERS to look for opportunities ‘outside of comfort zone.’
CalPERS responds to Ring’s column.