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Showing 121 - 130 of 252 results for "California"

CalPERS chief executive retires

DARREN SNYDER  |  FRIDAY, 22 JAN 2016
... fund in the US is searching for a new chief executive after Anne Stausboll announced she will retire in June 2016. The California Public Employees' Retirement System (CalPERS) announced overnight that Stausboll will leave the system after more than seven ...

Drown baby, drown

BENJAMIN ONG  |  MONDAY, 18 JAN 2016
... The 2001 US and global recession was partly caused by the sharp increase in the price of oil in 2000 following the California energy crisis and the tensions in the Middle East (the beginning of the second intifada). But other factors were more important ...

Global divesting institutions reach 500

LAURA MILLAN  |  FRIDAY, 4 DEC 2015
... Brothers Fund, the Norwegian Sovereign Wealth Fund (partial divestment), the University of Glasgow and the University of California. According to 350.org, 27% of institutions that have divested as part of the campaign are faith-based groups, followed ...

Spreading the word

BENJAMIN ONG  |  TUESDAY, 24 NOV 2015

CalPERS sells $4.2bn in real estate assets

LAURA MILLAN  |  TUESDAY, 17 NOV 2015
The California Public Employees' Retirement System (CalPERS) will sell US$3 billion ($4.2 billion) in assets from its real estate investment portfolio. CalPERS will sell the stake to Blackstone's Strategic Partners Fund Solutions, and it includes 43 ...

Hotel California

BENJAMIN ONG  |  TUESDAY, 27 OCT 2015
... "like a circle in a spiral, like a wheel within a wheel..." Toto, we're not in Kansas anymore... we're stuck in Hotel California. "You can check out anytime you want, but you can never leave." "This could be Heaven or this could be Hell".

California pension giants must divest from coal

MARK SMITH  |  MONDAY, 12 OCT 2015
... fund giant CalPERS and CalSTRS must divest their positions in coal companies after a new bill was signed into law in California last week. California governor Edmund Brown announced the signing of the bill on his website. The move is in line with his ...

Bond King Gross files $200m suit against PIMCO

MARK SMITH  |  FRIDAY, 9 OCT 2015
... contract and plotting to oust him from the firm he set up more than 40 years ago. The lawsuit filed in Orange County, California - where PIMCO is head-quartered - focuses on the conflict between Mohammed El-Erian and other executives at the firm. "Managing ...

Insto investor acquires $236.6m US property

LAURA MILLAN  |  MONDAY, 17 AUG 2015
... high-quality retail assets. The Shops at Tanforan is a shopping centre in the San Francisco Bay area of San Bruno, California. The approximately 91,000 square metre property is not far from the area where Google, Apple, Facebook and other tech companies ...

Berkeley scientist develops game for advice clients

MARK SMITH  |  THURSDAY, 13 AUG 2015
... clients' and, in turn, help them make better investment decisions, with the help of a scientist from the University of California, Berkeley. The financial crisis was characterised by investors taking money out of the market at the worst possible time. ...