Risk
WeWork’s Impact Will Be a ‘Bloodbath’ for Office Space
The market already was in poor shape before the Chapter 11 filing, strategists say. Now this.
Tag: San Francisco
Why Offices, Abandoned as a Virus Risk, Will Be Back
If the health hazards are resolved, look for a reverse exodus. That’ll benefit battered office REITs.
Risk
San Francisco Pension Plan Reports Data Breach
SFERS is the latest to suffer the loss of personal information that puts some at higher risk of identity theft.
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.
Risk
San Francisco Pension Pledges to Go Carbon Neutral by 2050
The city employees’ retirement system joins others around the world who’ve promised to do the same.
Asset Allocation
SFERS Sees Positive Investment Returns
In a difficult investment environment, its 1.1% return so far in 2018-2019 fiscal year could be the envy of institutional investors.
Risk
SFERS Board Cuts Rate of Return to 7.4%
The minuscule cut reduced the expected rate of return from 7.5%, the highest return projections of any pension plan in California.
Newsmakers
San Francisco to Vote on Fossil Fuel Divestment
Move would be largest global divestment of fossil fuel stocks for San Francisco.