Uncategorised posts

Sort content by

CalSTRS puts small caps under microscope

Encouraging the widespread corporate adoption of a majority-voting standard, promoting diversity on boards and collaborating to improve the way funds report environmental performance are just some of the focuses of the CalSTRS corporate governance team. Anne Sheehan, CalSTRS’ director of corporate governance, talked exclusively with top1000funds.com about what the key issues are for the self-described

Mercer to review pay at Florida’s SBA

Florida’s State Board of Administration (SBA) has appointed Mercer to conduct a broad-ranging review of staff compensation that was initiated and will be overseen by the organisation’s independent investment advisory council. As part of this review, the investment advisory council (IAC) passed a motion at its recent quarterly meeting to provide annual recommendations to trustees

Funds chase
the dragon

Institutional investors are turning their attention to Asia, with CalPERS the latest large pension fund to announce a new foray into the region. America’s biggest public pension fund this week announced it would invest $530 million in two new real-estate funds targeting investments in China. Despite concerns about a residential property bubble in China, CalPERS’

CalPERS gets dynamic in strategic plan

CalPERS aims to increase its total-portfolio risk oversight, as well as move towards more dynamic asset allocation as the fund attempts to overhaul its investment decision-making processes. This week the fund released a two-year business plan that aims to implement a risk-based dynamic asset-allocation approach by June 2014. It is the first time the $238.2-billion