CalPERS’ role in tackling racism

CalPERS has a moral imperative to confront racism
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One response to “CalPERS’ role in tackling racism”

  1. William Michael Cunningham, AM, MBA

    We are in the pool of Non-Fiduciary advisors to CalPERS. As we stated in filings to the fund last year, “We note that CalPERS will find it difficult and costly to deliver benefits promised in markets riven by a lack of ethics, and in a society with growing racially targeted violence, environmental degradation and extreme social instability.” Also see: Black communities need more help from Fed https://www.americanbanker.com/opinion/black-communities-need-more-help-from-fed

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Future Fund sees EM shifts widening alpha opportunities; CEO to depart

Future Fund sees EM shifts widening alpha opportunities; CEO to depart

Australia’s Future Fund has highlighted strong performance in global equities, particularly in Japan and emerging markets, as a key return driver for its last reporting period. Despite increased concentration in EM indexes, new CIO Richard Brandweiner said it could lead to more alpha opportunities. Meanwhile, CEO Raphael Arndt said the time has come for a “fresh leader” to steer the fund as he prepares to close out a close to two-decade tenure with the $255 billion investor.

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Promoting diversity won’t cut it, results will: Brown Duckett

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