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Showing 151 - 160 of 267 results for "California"

Super funds too small for activism

LAURA MILLAN  |  MONDAY, 20 APR 2015
... have generated total returns of 7% per annum over the last 10 years. American pension funds embracing activism are California Public Employees' Retirement System (CalPERS), California State Teachers' Retirement System (CalSTRS) and Ontario Teachers Pension ...

CalPERS meetings open to members

ALEX DUNNIN  |  WEDNESDAY, 18 MAR 2015
... but US pension fund giant CalPERS shows how far behind they are on world's best practice. CalPERS, the A$375 billion California public sector pension fund, has for years been publishing on its website notice of trustee meeting, outcomes and videos of ...

Independent dealer groups eye Genesys practices

LAURA MILLAN  |  TUESDAY, 25 NOV 2014
... the problem as well, although it did not refer directly to Genesys. "We now have, embodied in legislation, the Hotel California clause, whereby advisers can check out of a licensee arrangement anytime they like, but can never leave without suffering ...

FEATURE: A new world order in active management

MARK SMITH  |  FRIDAY, 21 NOV 2014
... Buffett its best salesman. Active managers have also copped flak from the largest public pension fund in the US. The California Public Employees' Retirement System (CalPERS) ditched its hedge fund allocation "as part of an ongoing effort to reduce complexity ...

Scale drove CalPERS hedge fund move

ALEX DUNNIN  |  THURSDAY, 9 OCT 2014
... scale forced CalPERS to abandon the sector, not the inability of hedge funds to perform Last month the US$300 billion California public sector pension fund rattled global hedge fund managers when they announced they were cashing out of the sector. A ...

'Bond King' Bill Gross leaves Pimco

AAP  |  SATURDAY, 27 SEP 2014
... will oversee a recently launched fund at Janus called the Unconstrained Bond Fund from a new office in Newport Beach, California. He starts at Janus, which is based in Denver, on Monday. Gross writes monthly commentaries on markets that are widely quoted ...

Liberalise economy or prepare for war, warns economist

JAMES FERNYHOUGH  |  THURSDAY, 11 SEP 2014
... depression. He said this cancelling-out effect was inherently unstable, and compared it to the San Andreas Fault in California. He said another liquidity crisis is just around the corner: "Get ready for the heart attack - the best indicator of high volatility ...

Mercer expands infrastructure team

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... Farhad Billimoria as investment leader for the Pacific arm of the investment business. Billimoria joins Mercer from the California Public Employees' Retirement System (CalPERS), where he was a portfolio manager specialising in infrastructure and forestland. ...

Legg Mason bond fund upgraded by Lonsec

STAFF WRITER  |  TUESDAY, 3 JUN 2014
... positive message with strong performance results." Western Asset Management Company was founded in October 1971 by United California Bank (which later became First Interstate, then Wells Fargo), and became an SEC-registered investment advisor in December ...

JANA awards $385m mandate to Californian manager

MARK SMITH  |  MONDAY, 28 APR 2014
JANA Investment Advisers (JANA) has awarded a $385 million global equity mandate Los Angeles-based asset manager Causeway Capital Management. Specifically, the mandate was awarded to Causeway's developed markets large-cap strategy Global Value Equity. ...