The demand for Henry Jones’ ouster is the latest fallout from the resignation of CalPERS CIO Ben Meng following complaints he violated state ethics rules.

Richard Chau and Julia Mord will take over as interim CIO and interim deputy CIO, respectively, to manage the fund’s $1.4 billion portfolio.

A quarter of the S&P 500’s rise since May is linked to positive developments on a virus inoculation, UBS says.

The $15.65 billion fund is looking to the precious metal to help with diversification and as an inflation hedge.

Hardly anybody thinks they’ll take root, pointing to their blah record overseas. Not so fast.