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Showing 221 - 230 of 267 results for "California"

Local funds won't follow CalPERS lawsuit

RUTH LIEW  |  THURSDAY, 16 JUL 2009
... some of its losses from the GFC, but local super funds look unlikely to follow suit. CalPERS had filed a suit in a California state court in relation to $1 billion in losses that it claimed were a result of inaccurate credit ratings from Moody's, Fitch ...

Hedge funds on a refund policy

MICHAEL HOBBS  |  FRIDAY, 3 JUL 2009
... around long-term performance and putting in place reimbursement policies clauses. The report cited the $210 billion California Public Employees Retirement System (CalPERS) which requested 26 hedge funds to adopt a fee structure that included the ability ...

CalPERS ploughs more into private equity

RUTH LIEW  |  TUESDAY, 16 JUN 2009
... billion CalPERS is putting more funds into private equity and global fixed income, but is raising its cash targets. The California Public Employees' Retirement System (CalPERS) said it is increasing the target allocation for its Alternative Investment ...

Fee disclosure for intermediaries: CalPERS

RUTH LIEW  |  MONDAY, 11 MAY 2009
... policy for the disclosure of "placement agents" brokering new business and fees paid to them. A key committee of the California Public Employees' Retirement System at the end of last week revealed a new policy that would require the disclosure of placement ...

CalPERS reviews cost of hedge

RUTH LIEW  |  MONDAY, 30 MAR 2009
One of the largest super funds in the US, CalPERS, plans to put more emphasis on a hedge fund manager's long term returns than short term returns when negotiating fund fees - signalling a new way super funds pay for performance. CalPERS said in a press ...

AIG: 100 per cent GFC proof

BENJAMIN ONG  |  TUESDAY, 17 MAR 2009
... why. Here's a list from Wikipedia. 'The following week (of September bailout), AIG executives participated in a lavish California retreat which cost US$444,000 and featured spa treatments, banquets, and golf outings. It was reported that the trip was ...

US pensions fight for trust

RUTH LIEW  |  MONDAY, 16 MAR 2009
... of five financial regulation principles aimed at restoring investor trust. The ten funds, which include heavyweights California Public Employees' Retirement System, New York State Common Retirement Fund, and Los Angeles City Employees' Retirement System ...

Infrastructure wins pension funds votes

RUTH LIEW  |  TUESDAY, 24 FEB 2009
... assets and provide diversification, said the report penned by Georg Inderst. One of the US's largest pension funds, California Public Employees' Retirement System, adopted a new investment policy in 2008 with a target 3 per cent allocation of assets ...

PE group adopts ESG

MEDIA RELEASE  |  THURSDAY, 12 FEB 2009
... said PEC's commitment is a major step in the group's efforts to boost ESG issues in all public and private companies. California Public Employees Retirement Systems (CalPERS), which has more than $260 billion under management, interim chief investment ...

CalPERS grows green strategies

RUTH LIEW  |  WEDNESDAY, 26 NOV 2008
... pension fund CalPERS has reduced 13.3 per cent of its energy use in 2007 and boosted its bottom line. The $278 billion California Public Employees' Retirement System (CalPERS) made the 13.3 per cent reduction across 2007 among its real estate partners. ...