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Showing 81 - 90 of 127 results for "CalPERS"

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 ...

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 ...

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 ...

CalPERS fights BoA directors election

COMPANY RELEASE  |  THURSDAY, 29 APR 2010
One of the biggest pension funds in the US, CalPERS, has opposed the re-election of six Bank of America directors who failed to fully disclose the true financial condition of Merrill Lynch before the controversial merger in September 2008. CalPERS will ...

Bill backed for calling placement agents lobbyists

COMPANY RELEASE  |  THURSDAY, 8 APR 2010
... financial middlemen hired by some money managers to seek investments from public pension funds - who do business with CalPERS and the California State Teachers' Retirement System. The four-to-one vote came following testimony in support of a bill from ...

Instos lobby for Main Street

COMPANY RELEASE  |  MONDAY, 22 MAR 2010
... Council of Institutional Investors chair and chief investment officer of the California Public Employees' Retirement System (CalPERS), was joined by five speakers who proposed what the government should and shouldn't do. Ira Millstein, senior associate ...

Sign Say on Pay: CalPERS

COMPANY RELEASE  |  WEDNESDAY, 3 FEB 2010
... institutional investors urging financial companies to support the shareowner advisory vote on executive compensation. CalPERS was among approximately 30 investors that signed the open letter to 17 financial institutions. The letter asked them to follow ...

... and transparency strategy to benefit Aussie funds

RUTH LIEW  |  MONDAY, 18 JAN 2010
... Amid this information are details on mandates and fees on proposed new investments, according to a media statement by CalPERS. CalPERS' placement agents include three former CalPERS board members, including longtime board president William D. Crist ...

CalPERS opens black book of placement agents...

COMPANY RELEASE  |  MONDAY, 18 JAN 2010
... agent disclosures to the public. The disclosures - received between May and January 2010 - were obtained voluntarily from CalPERS external investment partners. They were also obtained under CalPERS new policy that mandates disclosure on the use of placement ...