
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.
The pension giant’s global equity program accounts for more than half of its entire asset value.
The giant pension fund is switching from return-oriented goals to a sharper focus on liquidity and strong betas.
Another $260 million invested in synthetic equity portfolio.
CIO aims to fix program that hired young, female, and minority managers, whose returns are sub-par.
WTI Crude prices hit $50 for the first time since May.
Pension looking for successful early-stage managers who no longer fit its “Emerging” category.