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Showing 71 - 79 of 79 results for "California Public Employees"

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
... 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 a class-action ...

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 ...

CalPERS calls for ratings overhaul

RUTH LIEW  |  THURSDAY, 20 MAR 2008
The US' largest pension fund, California Public Employees' Retirement System (CalPERS), has backed efforts to push rating houses Fitch, Moody's and Standard & Poor's to reform their methods for rating government-issued bonds. According to a statement ...

CalPERS pumps cash into fund-of-funds

RUTH LIEW  |  MONDAY, 10 MAR 2008
US pension giant California Public Employees' Retirement System (CalPERS) has invested an extra $323.1 million last week for emerging managers. CalPERS has awarded $161.5 million each to emerging manager fund-of-funds manager Leading Edge Investment ...

US pension funds no longer the big boys

... at US$235 billion and then Netherland's ABP with US$226 billion. The largest US pension fund, the California Public Employees' Retirement System (Calpers), came in at number 5 with US$196 billion, versus its 2000 number one ranking with US$171 billion. ...

CalPERS pre-empts healthcare funding crisis

... come up with a tidy solution packaged in what it calls a "pre-funding" trust fund. The $300 billion California Public Employees' Retirement System (CalPERS) fund has launched the California Employers' Retiree Benefit (CERB) trust fund this month. Eligible ...

CalPERS boss given marching orders

Sean Harrigan, the President of America's biggest pension fund, California Public Employees' Retirement System (CalPERS), has been removed from his post. Harrigan lost his job at the $177-billion fund after the state's Personnel Board voted three to ...

Calpers files suit against NYSE for fraud

... New York to recover losses caused by illegal trading practices on the New York Stock Exchange," said California Public Employees' Retirement System president Sean Harrigan. "This lawsuit alleges that the NYSE as an institution, together with the specialist ...
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