Why pay for active when passive can work just as well? That was the message the California pension fund's board got from its strategist Salient Partners at the latest meeting.
Splitting the role of board chairman and chief executive officer would improve transparency and compliance at the firm, according to a coalition of pension funds.
Vintners and supercar merchants may need to change their target markets. It’s the risk-controllers, not the risk takers, who are taking home the bacon this year.
An independent review of New York State Common Retirement Fund finds the Comptroller's reforms "highly effective." yet highlights resource strains and an over-reliance on consultants.