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.
Curtis Ishii to end 40-year tenure in July; Arnie Phillips is named interim fixed income director.
But fund’s 4.6% loss is nearly half of what market lost overall, Eliopoulos says.
Strong equity gains of 19.7% drive funded ratio up 3% to 68%.