CalPERS slams ‘smoke and mirrors’ report
CalPERS has hit out at a report calling for radical change in the way California public sector pension benefits are calculated, describing the authors’ methodology as flawed and ideologically slanted.
CalPERS has hit out at a report calling for radical change in the way California public sector pension benefits are calculated, describing the authors’ methodology as flawed and ideologically slanted.
SWFs, as long-term investors, could play a countercyclical role in providing global financial and economic stability, the International Forum of Sovereign Wealth Funds concluded last week in Beijing.
While the China-growth story was not new, an expert in investing in the region said investors should consider if their current exposure to the economic giant took advantage of where future growth was predicted to occur.
Wonk books, financial instrument porn, mea culpa books and prosaic condemnations – these are all part of the financial crisis sub-genre which emerged in the past two years.
The investment management industry will need to be restructured to meet the demands of ageing demographics globally.
CalPERS is set to change its benchmarks for measuring performance compensation for senior investment staff so they are consistent with recent changes to its strategic asset allocation.
FIS Singapore 2026