Asset Allocation
Report Claims CalPERS’ Sustainability Portfolio Runs on Oil
However, the largest pension fund in the U.S. says the pro-investment approach is more effective than divestment.
Tag: California Public Employees’ Retirement System
Pensions
Stanford Launches 2nd Long-Term Investing Fellowship Cohort
The one-year rotational program will see fellows learn, research and work at Stanford and the California Public Employees’ Retirement System.
Asset Allocation
CPPIB Leads Global Pension Funds With $144B Allocated to Private Equity
The 20 pension funds with the largest private equity allocations committed $708 billion during the first 10 months of 2024.
Asset Allocation
CalPERS Reaches $53B in Climate Solutions Investments
The fund aims to make $100 billion in such investments by 2030 through its climate action plan and sustainable investments strategy.
How Investors, Public Companies View SEC’s Cybersecurity Disclosure Requirements
Disclosure requirements can be a hassle for companies, but investors seek to understand material risks.
Pensions
Pressure Mounts on Public Pension Funds to Divest Chinese Investments
State and federal legislation aims to prohibit public funds from investing in the country.
Alternatives
As Mega Alts Funds Appear, Emerging Managers Face Bigger Hurdles
But allocators point to opportunities they find when investing with smaller, newer firms.
Pensions
CalPERS Announces 9.3% Return in Year Ending June 30
Equities, which comprise 41.9% of the fund's portfolio, led the way with a 17.5% return.
Asset Allocation
CalPERS Increases Climate-Related Investments by Nearly $10B
Approximately half of the new investments will be in public equity, with the rest going into private markets.
Risk
Large Institutional Investors Rally Against Tesla Pay Package
NBIM, CalSTRS among funds voting against $56 billion pay package for executive Elon Musk.
Asset Allocation
CalPERS Returns 3.3% in the First Quarter, Decreasing Size of Buyouts in Portfolio
Assets of the US’s largest pension fund reached $495.3 billion at the end of Q1 as the fund prepares to increase its allocation to alternatives.
Asset Allocation
Institutional Investors Reaffirm Support for Climate Action 100+ Following Departures
Despite the exit of some major firms, asset managers representing $4.6 trillion say they remain committed to the initiative.
Pensions
CalPERS to Oppose Appointment of ExxonMobil Board of Directors
The pension fund will vote against the appointment of the board’s 12 members and its CEO.
Pensions
CalPERS To Helm Climate Action 100+
CalPERS’ Michael Cohen will be appointed as steering committee chair of the organization.
Pensions
CalPERS, Stanford Engineering Create Fellowship for Training Institutional Investors
The program aims to foster a pipeline for investment talent.