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Showing 231 - 240 of 267 results for "California"

First Quadrant taps global macro trends to gain 12pc

MICHELLE BALTAZAR  |  TUESDAY, 18 NOV 2008
... months to September by taking a contrarian view on how to exploit volatility in equities, debt and currency markets. The California-based manager, represented locally by Affiliated Managers Group (AMG), has specialised in global macro strategies for ...

US resi housing collapse hits CalPERS

RUTH LIEW  |  THURSDAY, 13 NOV 2008
The $296 billion California Public Employees' Retirement System (CalPERS) has suffered a 35 per cent write-down in the market value of its $15 billion residential housing portfolio. Latest figures from CalPERS' assessment of its housing portfolio showed ...

Private equity crunch

MICHELLE BALTAZAR  |  WEDNESDAY, 29 OCT 2008
... news to super funds that have increased their private equity allocations in the last five years. Last December, the California Public Employees' Retirement System (CalPERS) reset its allocation to private equity from 6 per cent to 10 per cent. Eight ...

Symantec ramps up CSR

MICHELLE BALTAZAR  |  WEDNESDAY, 24 SEP 2008
... while the company already gained a Leadership in Energy and Environmental Design (LEED) Gold Certification for its new California campus, the plan is to get LEED certification for existing buildings and new construction worldwide, including in Australia. ...

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
The $246 billion California Public Employees' Retirement System is expected to post losses of 2.4 per cent for the end of this financial year, an enviable performance if compared to the average 6.4 per cent loss of local super funds. Preliminary estimates ...

US pension fund to settle suit for $930m

RUTH LIEW  |  FRIDAY, 4 JUL 2008
... it invests in to re-write its CG policy and 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 ...

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 ...

PM's wrong and right oil strategy

ALEX DUNNIN  |  TUESDAY, 10 JUN 2008
... manufacturers. This is offset somewhat by rumors in the US that Toyota and GM may joint venture hybrid production in California in a bid to lower production costs. The ABC has reported the government will allocate $35 million to the Toyota Australia ...