Why transparency is important for CalPERS
Anne Simpson, managing investment director, board governance and sustainability tells Amanda White why transparency is so important at CalPERS and what the fund is doing to improve it.
The Global Pension Transparency Benchmark has been a driving force in improved transparency of disclosures and reporting among global asset owners. As the project comes to its close after five years, two leading funds reflect on why transparency has been a clear focus for their organisations.
Anne Simpson, managing investment director, board governance and sustainability tells Amanda White why transparency is so important at CalPERS and what the fund is doing to improve it.
The Global Pension Transparency Benchmark, a collaboration between conexust1f.flywheelstaging.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.
Comprehensive, holistic value disclosures and compelling communication are key benchmarks for pension funds. This has been confirmed by the first year experience working with leading global pension funds for the Global Pension Transparency Benchmark, a collaboration between Top1000funds.com and CEM Benchmarking. In year two, in recognition of this belief and communication excellence, we have decided to award bonus points to funds preparing Framework integrated annual reports. Mike Heale looks at four examples of pension funds already using the Framework.
The Global Pension Transparency Benchmark (GPTB) measured four factors in its assessment of transparency of pension fund disclosures, here Amanda White looks specifically at the level of cost transparency across pension funds globally.
Global Pension Transparency Benchmark advisory board member Lorelei Graye, says the benchmark combined with better data standards for incoming reporting will usher in more constructive transparency.
The Global Pension Transparency Benchmark revealed the need for much improved transparency among pension fund public disclosures across the globe. But there were some notable best practice examples among pension funds globally. So who were they?
Investor Profile