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Showing 111 - 120 of 127 results for "CalPERS"

Managers seek ESG framework

MICHAEL HOBBS  |  FRIDAY, 26 SEP 2008
... However, these issues should not deter managers from doing all they can to integrate these issues, said Fred Buenrostro Jnr, CalPERS retiring chief executive. He described how it took almost two or three years to work with asset consultants and its board ...

CalPERS halts lending to big four

RUTH LIEW  |  FRIDAY, 19 SEP 2008
The $274 billion California Public Employees' Retirement System (CalPERS) has temporarily stopped the lending of troubled Wachovia, Goldman Sachs, Morgan Stanley, and State Street shares. Anne Stausboll, interim chief investment officer of CalPERS ...

CalPERS unveils infrastructure plan

RUTH LIEW  |  TUESDAY, 19 AUG 2008
America's largest pension fund California Public Employees' Retirement System (CalPERS) is rolling out a two-year specialised investment strategy for infrastructure - heralding its interest in increased portfolio diversity. According to a statement ...

CalPERS to suffer 2.4 pc loss

RUTH LIEW  |  WEDNESDAY, 23 JUL 2008
... compared to the average 6.4 per cent loss of local super funds. Preliminary estimates of the fund's performance indicate CalPERS will be shaving 2.4 per cent (before fees) for the year ended June 30, partly stemming from its global equities porftolio ...

US pension fund to settle suit for $930m

RUTH LIEW  |  FRIDAY, 4 JUL 2008
... pay a $930 million cheque for wrongful share trading. The $244 billion California Public Employees' Retirement System (CalPERS) fund yesterday announced a proposed $930 million (US$865 million) settlement of a class-action lawsuit against UnitedHealth ...

CalPERS may lose $947 million

RUTH LIEW  |  TUESDAY, 10 JUN 2008
The California Public Employees' Retirement System (CalPERS) may lose nearly $950 million from its investments in US housing crash-victim LandSource. CalPERS invested $947 million in US property developer LandSource, which recently filed for bankruptcy ...

S&P hits back on CalPERS' claims

RUTH LIEW  |  THURSDAY, 27 MAR 2008
Standard & Poor's has returned fire at claims by CalPERS that the global rating house practiced a "dual rating system" which placed municipalities to a higher standard than corporate issuers. US pension fund giant CalPERS recently flagged the current ...

CalPERS calls for ratings overhaul

RUTH LIEW  |  THURSDAY, 20 MAR 2008
The US' largest pension fund, California Public Employees' Retirement System (CalPERS), has backed efforts to push rating houses Fitch, Moody's and Standard & Poor's to reform their methods for rating government-issued bonds. According to a statement ...

CalPERS pumps cash into fund-of-funds

RUTH LIEW  |  MONDAY, 10 MAR 2008
US pension giant California Public Employees' Retirement System (CalPERS) has invested an extra $323.1 million last week for emerging managers. CalPERS has awarded $161.5 million each to emerging manager fund-of-funds manager Leading Edge Investment ...

Largest US pension fund SIO resigns

RUTH LIEW  |  TUESDAY, 29 JAN 2008
Christianna Wood, senior investment officer, global equity of US pension fund giant CalPERS, has jumped ship to take up the position of chief executive of hedge fund sponsor, Capital Z Asset Management. Wood will leave CalPERS in mid-February, and Eric ...