Manager Selection
CalPERS Holds Second-Round Interviews for New CIO
The pension giant has been without a chief investment officer since August 2020.
Tag: Dan Bienvenue
Corporate Moves
Simiso Nzima Named Head of CalPERS’ $250 Billion Global Equity Portfolio
The pension giant’s global equity program accounts for more than half of its entire asset value.
Asset Allocation
CalPERS Reports Preliminary Return of 21.3% for 2020-21
The strong performance triggers a reduction in the assumed rate of return to 6.8%.
Pensions
CalPERS Rejects Reinvesting in Tobacco Again
Pension plan’s investment committee votes down a second attempt from member Jason Perez to reverse its 20-year-old ban.
Asset Allocation
Just Minor Adjustments to Portfolio Are the Smartest Move, 3 Key CIOs Say
A trio of investment chiefs overseeing a half-trillion dollars are preparing their funds for low interest rates without drastically overhauling portfolios.