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Showing 971 - 980 of 1105 results for "CALI"

CalPERS reviews US$50m fees to placement agent

MICHELLE BALTAZAR  |  FRIDAY, 16 OCT 2009
The largest public pension fund in the US, CalPERS, is to investigate "success fees" paid to placement agents by its external fund managers after a disclosure report found more than US$50 million in fees were paid to a placement agency ran by a former ...

Realindex hits $1 bn FUM

MICHAEL HOBBS  |  MONDAY, 12 OCT 2009
Colonial First State index investment subsidiary, Realindex Investments, has tipped over the $1 billion funds under management mark in under a year and hired a portfolio manager. The firm, a partnership between Colonial First State and California-based ...

FBI hunts down bank fraudsters

RUTH LIEW  |  FRIDAY, 9 OCT 2009
The US has teamed up with Egypt in one of the largest crackdowns on cyber fraud - resulting in 100 people linked to an international "phishing" operation charged for trying to defraud American banks. According to a press statement from the Federal Bureau ...

Campbell wins 2009 AFA Adviser of the Year

MICHAEL HOBBS  |  WEDNESDAY, 7 OCT 2009
Graham Campbell, financial adviser at Complete Financial Balance, has won the seventh AFA Adviser of the Year Award at the association's gala dinner held at the Gold Coast last night. The five other finalists this year were Marc Bineham from Noall & ...

CalPERS endorses best practice in PE

COMPANY RELEASE  |  WEDNESDAY, 16 SEP 2009
CalPERS is taking a stronger stance in its private equity investments after endorsing a set of principles to promote transparency and alignment of interests in PE deals. In a press statement, the $229 billion California Public Employees' Retirement ...

Three wise men - maybe

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2009
I am "buying stocks right as we speak" and am getting "a lot for my money," Warren Buffet told his audience at a California conference. The tone was similarly positive at the Brookings Institution in Washington, with US Federal Reserve Chairman Ben ...

CalPERS takes legal action against state furloughs

COMPANY RELEASE  |  FRIDAY, 21 AUG 2009
CalPERS, one of the largest US pension funds, has filed legal action seeking a judicial review of California's state-imposed furlough program - stating the scheme inhibits the fund's ability to meet its contractual responsibilities. The California Public ...

CalPERS buys Macquarie property

RUTH LIEW  |  MONDAY, 3 AUG 2009
One of the US' largest pension funds, CalPERS, has forked out $550 million for a 60 per cent slice of a Macquarie CountryWide Trust's portfolio of shopping centers. The $224 billion California Public Employees' Retirement System closed the half a billion ...

CalPERS portfolio drops 23pc

COMPANY RELEASE  |  TUESDAY, 28 JUL 2009
The value of the California Public Employees' Retirement System (CalPERS) assets dropped more than 23 per cent to $220 billion in a year to June, the fund's most radical drop in valuations in a single year. While the pension fund's asset values dropped ...

Local funds won't follow CalPERS lawsuit

RUTH LIEW  |  THURSDAY, 16 JUL 2009
One of the US' biggest pension funds, the $223 billion CalPERS, has filed a lawsuit against three of the world's most powerful rating agencies to claw back some of its losses from the GFC, but local super funds look unlikely to follow suit. CalPERS ...