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Showing 111 - 120 of 252 results for "California"

CalPERS appoints interim CEO

DARREN SNYDER  |  TUESDAY, 21 JUN 2016
The California Public Employees' Retirement System (CalPERS) has appointed an interim chief executive as it continues the search for a new leader. Stepping in to the interim chief executive role is CalPERS' deputy executive officer for operations and ...

Former CalPERS CEO jailed

DARREN SNYDER  |  THURSDAY, 2 JUN 2016
A former chief executive of the California Public Employees' Retirement System (CalPERS) has been sentenced to four-and-a-half years in prison for accepting bribes during his term at the helm of one of the world's largest pension funds. The Sacramento ...

New energy benchmark guide for instos

DARREN SNYDER  |  THURSDAY, 19 MAY 2016
... efficient peers. The index is a joint initiative between ClimateWorks Australia, the ClimateWorks Foundation (US), and the California State Teachers' Retirement System (CalSTRS). ClimateWorks Australia head of research Amandine Denis said the top performing ...

Agriculture ripe for institutional picking

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
In June next year the gross value of Australia's annual farm production is expected to pass $60 billion for the first time, a reflection of improved prospects in livestock and cropping industries. But a lack of consultant coverage means the opportunity ...

Another US pension giant exits hedge funds

MARK SMITH  |  TUESDAY, 19 APR 2016
... is the second time in as many years that a giant US pension fund has publically shunned the hedge fund sector. The California Public Employees' Retirement System (CalPERS), which is the largest public pension plan in the US with more than 1.6 million ...

Aussie agtech the focus for US fund

DARREN SNYDER  |  THURSDAY, 14 APR 2016
A California-based venture capital firm has announced it is fundraising in Australia as part of a final closing for its US$150 million fund investing in agriculture technology. The Finistere Ventures II fund is targeting Australian institutional investors ...

Board members lose independence after 12 years: CalPERS

DARREN SNYDER  |  TUESDAY, 15 MAR 2016
... company directors who serve more than 12 years on the same board are at risk of compromising their independence. The California Public Employees' Retirement System (CalPERS) has revised its global governance principles and requests that should a director ...

CalPERS and Moody's settle for $130 million

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
The California Public Employees' Retirement System (CalPERS) has settled with Moody's for a record US$130 million for its erroneous ratings of structured investment vehicles prior to the Global Financial Crisis. The lawsuit tops CalPERS' US$125 million ...

Super funds losing billions to fossil fuels

DARREN SNYDER  |  WEDNESDAY, 10 FEB 2016
... their values." Market Forces cites global reports about asset managers recently divesting from coal, including the California State Teachers Retirement Fund and Allianz. The activist group has also overhauled its Super Switch website which profiles more ...

QIC purchases New York shopping centre

DARREN SNYDER  |  WEDNESDAY, 3 FEB 2016
... behalf of its clients. In 2015, the firm bought a 100% stake in The Shops at Tanforan shopping center in San Bruno, California, in the San Francisco Bay area and assisted AustralianSuper in acquiring a 25% stake in Honolulu's Ala Moana Shopping Centre. ...