Calif. Treasurer Calls for Assault Weapons Divestment
John Chiang urges institutional investors to divest from sellers of military-style weapons.
Tag: CalPERS
Alternatives
CalPERS Report Details Role in Dakota Pipeline Controversy
Engagement led to 17 banks disengaging from the project.
Regulation
California Bill Would Allow State Workers to Opt Out of CalPERS
Proposed legislation would create an optional defined contribution plan.
Risk
CalPERS Loses $15B in Stock Drop
But fund’s 4.6% loss is nearly half of what market lost overall, Eliopoulos says.
Technology Takes Center Stage at CalPERS
Ranadivé tells CalPERS to look for opportunities ‘outside of comfort zone.’
Newsmakers
CalPERS: Ring’s Flippant Claim of ‘Tricky Accounting Gimmicks’ Is False
CalPERS responds to Ring’s column.
CalPERS Calls ESG Criticism ‘Laughable’
Report accused system’s ESG practices of ‘jeopardizing the retirement fund.’
CalPERS Updates Portfolio Allocation After Vote
Fixed-income allocation increases to 28% in new portfolio.
Ahead of Asset Allocation Vote, CalPERS Bends Toward Simplicity
Allocation strategies changes could double investments in fixed-income or add significant risk to the overall investment strategy.
CalPERS Reports 11.2% Return for Fiscal Year 2017
Portfolio gains led by public equities, which returned nearly 20%.
Corporate Moves
CalPERS COIO to Return to Franklin Templeton Investments
Investment director to become interim COIO during replacement search.
CalPERS to Purchase 80% Stake in Rocky Caney Wind
Deal made through Gulf Pacific Power account.
CalPERS Stakeholders Argue for Status Quo
Board members float four possible paths to change portfolio structure; employers worried about higher pension payments.
CalPERS Mulls Fixed-Income Future
Proposed changes would maintain the portfolio's heavy tilt to global equities, while likely increasing investments in fixed-income.
Corporate Moves
CalPERS Appoints Asubonten as CFO
Interim CFO to return to previous role, become part of executive leadership team.