Newsmakers
CalPERS Equity Portfolio Edges Out S&P 500 Returns in Q4 2022
CalPERS’ equity portfolio returned 7.92% in the fourth quarter of 2022, eclipsing the S&P 500 performance by 84 basis points.
Trillion-dollar pension also lifts bans on General Dynamics, Nutrien, Grupo Carso.
The two European grocery chains will expand into the US this summer, but archrival Wal-Mart is already implementing a contingency plan.
Six pension entities’ shareholder suggestions fall on deaf ears at Wal-Mart’s annual meeting.