Pension results were just under its custom benchmark, missing the mark by six basis points.
Board questions how CalPERS can still help areas after end of California Initiative.
Retirement system hasn’t been attracting enough top talent with current pay package.
CIO tells investment committee there aren’t enough top-tier firms to invest in to sustain growth.
18% of US companies targeted in July 2017 now have, or have concrete plans to have, women and minority board members.
Plan targets stock exchange practice that asset managers say leads to higher prices for investors like them.
Critics express fiduciary concerns.
‘CalPERS Direct’ would help largest US fund to bypass high fees.
Spokesman said cities will not be able to pay monthly contributions if returns are that low.
Eliopoulos' leave comes at a crucial time for the mega pension fund.
Another $260 million invested in synthetic equity portfolio.
Treasurer’s initial proposal of 30% diverse dismissed as ‘arbitrary and limiting.’