San Francisco Retirement Plan Connects with China
Disclosures show SFERS has invested in two Chinese venture capital funds and another China-based fund focused on media and entertainment.
Disclosures show SFERS has invested in two Chinese venture capital funds and another China-based fund focused on media and entertainment.
The Public Institution for Social Security says the British firm made secret deals with one of its heads between 1996 and 2013.
A second office tower is aimed to attract and accommodate new investment staff, part of a strategy to manage more of the plan’s assets in-house.
In the span of a year, the system has become one of the largest players among US pension systems.
Clock runs out on controversial nod for brother-in-law of Mitch McConnell, Elaine Chao.
Managers, auditors split on 2019 rate of returns, which are less than the previous two years.
The tech giant’s Q1 sales warning sends Norway’s Government Pension Fund Global’s near $10 billion investment for a loop.
Two former Silver Lake officials could have a future at the CalPERS-backed investment organizations.
Agency finds only 3% of corporate ratings have changed as a direct result of ESG considerations.
Jair Bolsonaro predicts initial investments to be almost $2 billion.
Report says US-China trade tariffs are weighing down global economic activity.
The New York City firm is selected to manage an international portfolio even as other international equity strategies are being trimmed of their assets.
Newly hired state workers will get lower benefits and either a 401(k) or hybrid retirement plan to save tax dollars, prop up DB funding levels.
Enhancement will increase benefits and contributions for working Canadians.
While system is on track to full funding by 2046, investment volatility could throw a wrench into the process.