The California Public Employees' Retirement System (CalPERS) is the largest public pension fund in the United States, with approximately $444 billion in assets as at January, 2021. It provides retirement benefits to state, public school, and local public agency employees, retirees, and their families.
The Global Pension Transparency Benchmark, a collaboration between www.top1000funds.com and Toronto-based CEM Benchmarking, has revealed the need for serious improvement in pension transparency across the globe. Check out how funds ranked across 15 different countries on transparency of governance, performance, cost and responsible investing.
Amanda WhiteAugust 26, 2021
Since taking on the job of head of private equity at CalPERS two years ago Greg Ruiz has spent considerable time getting the portfolio back on track, understanding the positions and allocating capital. Now as the fund almost certainly will allocate more assets to private equity as part of a new asset allocation, Ruiz is looking to add to the sectors where the fund is underweight including venture.
Amanda WhiteAugust 24, 2021
A detailed analysis of the largest 100 asset owner CIOs, plus a wishlist of characteristics and skills of the right candidate were front and centre of the latest CalPERS board meeting as the fund still searches for a permanent CIO.
Sarah RundellJuly 22, 2021
CEOs are accustomed to stretch targets and reward outcomes, not efforts says TIAA’s Thasunda Brown Duckett, the same principals should be applied in the DEI space. She was speaking alongside CIOs from CalPERS and CalSTRS at a diversity forum co-hosted by the funds.
Stewart HawkinsJune 29, 2021
More investors around the world are looking at how to invest with a diversity lens. Amanda White examines how investors in Japan, Sweden, the US and Canada are addressing the diversity question as part of their internal organisation and in their investments and the managers they work with.
Amanda WhiteJune 24, 2021