California Public Employees Retirement System (Calpers)
Sanctions threaten top pension funds’ Russia assets
Top global pension funds might dump Moscow-linked holdings in response to Ukraine invasion
Complexity and returns behind PFZW decision to ditch hedge funds
Dutch pension fund to focus on controllability and intelligibility
Pensions keen to maintain hedge fund allocation
Pensions see value in hedge funds despite Calpers's exit
Calpers confirms Jensen as chief risk officer
Jensen will head California state pension scheme's risk office
Health kicks
The US pension sector is having to cope not just with the increased cost of retirement provision but also the attendant healthcare obligations many schemes are under – liabilities that must now be accounted for upfront. Andrew Sheen reports
Pension funds sue BoA over Merrill Lynch purchase
Losses and Lawsuits
Calpers chief executive follows his CIO out of office
Fred Buenrostro, chief executive of the $244 billion California Public Employees' Retirement System (Calpers), has resigned, less than a week after the departure of the chief investment officer, Russell Read.
Bullish on bullion
Gold
Real growth
Inflation
Calpers increases hedge fund exposure to $4 billion
Sacramento-based California Public Employees’ Retirement System (Calpers) has announced plans to increase the size of its hedge fund investments to as much as $4 billion by the end of this year.
CalPERS picks AlphaEngine for currency group
CalPERS, the largest pension fund in the US, has picked Mcube's AlphaEngine software to support its currency investment team.
Increasing returns through managing risk at source
The world's largest pension fund, Calpers, has adopted an aggressive approach to corporate governance. Can this policy decrease risk and increase returns in its equity portfolio? Rachel Wolcott speaks to Christy Wood, who runs the fund's corporate…
Investors and auditors differ on Sarbanes-Oxley's effectiveness
WASHINGTON, DC - Institutional investors and auditors remain at odds over how effective the Sarbanes-Oxley Act has been so far, with the former advocating a broader scope for the act and the latter warning that it may have already gone too far.
Lau-Hansen named marketing head at Primus
Primus Financial Products, an AAA-rated company offering credit risk protection on investment grade corporates, financials and sovereigns, has hired Candace Lau-Hansen from JP Morgan Chase as its new global head of marketing.
Hedge funds provide poor stress-testing disclosure, says Iafe
Hedge funds offer poor stress-testing results and ‘greeks’ disclosure to third parties, according to a new survey by the International Association of Financial Engineers (Iafe).
CalPERS presses ahead with $37 million STP plan
The California Public Employees Retirement System is moving forward with its $37 million four-year straight-through processing project, despite the delay of the T+1 deadline, and the economic conditions that have shrunk the fund manager’s assets under…