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CalPERS reviews consultant requirements as it goes to tender

CalPERS has expanded the scope of services required by its primary pension consultant, including the provision of more strategic advice and better communication between board and staff, as part of an RFP for a general consultant to be released in December. The contract with Wilshire Associates, the fund’s consultant since 1983, is due to expire […]
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CPPIB chief calls for infrastructure privatisation

The chief executive of the C$117 billion ($111 billion) Canada Pension Plan Investment Board, David Denison, has urged the Canadian government to keep pace with the privatisation of assets in other jurisdictions such as the UK, Australia and to some extent the US, as it looks to increase beyond the combined $16.1 billion already invested […]
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No discount for alpha

Just because the BlackRock/Barclays Global Investors merger will create a global funds management behemoth – with $3 trillion under management and 9,000 employees in 24 countries – does not mean alpha will come more cheaply. Amanda White spoke to vice chair of BlackRock, Robert Fairbairn, about what the merger means for products, clients and the […]
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