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Showing 941 - 950 of 1105 results for "CALI"

Praemium SMARTwrap signs AFS

NEWS RELEASE  |  TUESDAY, 7 SEP 2010
Technology provider Praemium announced in a statement to the ASX today that its SMARTwrap platform has won its first approval from a national dealer group - Australian Financial Services group (AFS), barely a month after launching. Based on Praemium's ...

Corrupt city officials face pension freeze

RUTH LIEW  |  MONDAY, 2 AUG 2010
Pension fund CalPERS has used its administrative powers to suspend the pension accounts of city officials, one of whom allegedly earned a 'secret' annual salary of US$800,000. Last week, Attorney General Edmund Brown subpoenaed hundreds of employment ...

US fin reforms win pension fund support

MEDIA RELEASE  |  THURSDAY, 22 JUL 2010
The biggest pension fund in the US, CalPERS, has applauded President Barack Obama's new federal financial reform law that holds credit rating agencies more accountable for their ratings and imposes tougher requirements on hedge funds. The $233 billion-plus ...

Finsia launches fin services credential

MICHAEL HOBBS  |  MONDAY, 28 JUN 2010
Finsia has developed the Financial Services Professional (FSP) credential to improve conduct in the industry and enhance the calibre of the financial services workforce. It's an apprenticeship style credential where employees starting their career are ...

Lessons from US pension funds in crisis

MICHELLE BALTAZAR  |  MONDAY, 21 JUN 2010
An academic paper that warns five US pension funds could run out of money in less than 10 years due to chronic underfunding and poor returns serves as a precautionary tale for local investors. In a paper published last August titled 'The Liabilities ...

CalPERS buys Gatwick Airport stake

PRESS RELEASE  |  MONDAY, 21 JUN 2010
The California Public Employees' Retirement System (CalPERS) has bought a 12 per cent stake in London Gatwick Airport from Global Infrastructure Partners for $178 million. Gatwick Airport is the UK's second most active airport and one of the busiest ...

DiNapoli slams raid rumours

MEDIA RELEASE  |  THURSDAY, 17 JUN 2010
New York's State Comptroller, Thomas P. DiNapoli, has issued a statement condemning press reports that he will allow New York's $150 billion-plus pension fund to balance the state budget. "There have been a number of outrageous and unfounded rumors ...

H3 Global hits $250m mark

MICHAEL HOBBS  |  TUESDAY, 8 JUN 2010
H3 Global Advisors is ramping up its push to attract more super fund mandates after tipping over the $250 million under management mark. Mathew Kaleel, director at H3 Global Advisors, said the hedge fund manager won a $30 million mandate with Local ...

CalSTRS finances solar energy project

COMPANY RELEASE  |  MONDAY, 31 MAY 2010
The California State Teachers Retirement System (CalSTRS) and a number of investors have invested more than $175 million to help a solar energy company build 14 solar power plants in the US. The equity finance will be used to support solar energy company ...

CalPERS reprimands board member

RUTH LIEW  |  THURSDAY, 20 MAY 2010
One of the largest US funds, CalPERS, has voted to strip one board member's position as chair of the fund's health benefits committee along with her travel privileges after failing to file financial disclosure statements. According to a press release ...