In the first of a two-part feature examining multi-asset fund performance in Q2 2013, we ask providers why, despite many of them being actively managed, most lost money in the tapering tantrum that followed Ben Bernanke’s May 23 speech.
Walsh, the investment head of New Jersey’s $74 billion pension fund, is stepping down for a private sector position with a Chinese real estate firm - and he told aiCIO all about it.
Apart from investing in housing, infrastructure, public and private markets, and supporting one and a half million jobs, what has CalPERS ever done for California?