The $13.3 billion fund’s chief has very large portion of the portfolio in alts, as a buffer against bad times.
Funding level falls to 95% from 97%.
Investment portfolio gains 3.2% in Q2 to reach $31.9 billion in assets.
Margaret Brown says she is not the one leaking information to the press about confidential CalPERS matters.
Alternatives, US stocks, and bonds help fund value achieve new ‘high water mark.’
Terence Thompson’s financial career started in the Air Force.
Allianz economist notes decline of yields and worries they might crop up in America.
PBGC multiemployer program is expected to run out of money in six years.
Hirtle Callaghan names private equity director, PGIM Fixed Income adds senior portfolio manager, and more.
Ryan Bailey’s exit marks the first 2019 NextGen to further career.
Market volatility, active management worked against all plan types.
White House delay on some new tariffs doesn’t convince analysts that peace is at hand.