Asset Allocation

CalPERS manages outsized equity risk

The $335 billion California Public Employees' Retirement System warned this week that it is greatly exposed to a downturn in global equity markets, as it prepares to monitor active risk closely.
ANALYSIS

Funds team up on G7 priorities

A group of institutional investors are collaborating to address the G7 priorities of climate change, gender inequality and the infrastructure gap, agreeing to commit resources and expertise.
Asset Allocation

CalPERS wants PE revamp to move quickly

The board of CalPERS is still wrestling with issues such as pay and level of control over its new private-equity entity. Meanwhile, opportunities could slip away if the launch is delayed.
Investor Profile

CalPERS seeks ideal pay formula

The $350 billion CalPERS is under time pressure to find the right formula on compensation - competitive but not an incentive for excessive risk - as key investment roles remain vacant.
ANALYSIS

OTPP makes paying well pay off

Ontario Teachers must pay well to attract talent for in-house management, but its results are worth it. The fund's ways of linking remuneration to performance hold lessons for the world.
ANALYSIS

CalPERS sees opening in VC

California Public Employees’ Retirement System CIO Ted Eliopoulos revealed in an interview that the pension giant sees ‘an opening’ caused by private companies taking longer to list.
NEWS

CalPERS examines adopting SDGs

The $357 billion pension plan will examine aligning its portfolio with the UN’s SDGs, which would give the fund’s ESG engagement a more keen focus on social objectives such as ending poverty.
Asset Allocation

CalPERS stays the course with portfolio

The $350 billion California Public Employees’ Retirement System’s new portfolio will look more like the current one than other options. The pick balanced portfolio risk with liability concerns.
ANALYSIS

Most popular stories of 2017

This year, as you might expect, our readers placed six investor profiles among our top 10 most read stories. See what other types of stories topped the list and find out what was No. 1.
NEWS

Investors launch Climate Action 100+

Hundreds of global investors, including CalPERS and the Swedish buffer funds, have come together to pursue low-carbon goals by working actively with big companies and publicising their progress.
Asset Allocation

Future Fund talks alternatives

Craig Dandurand, director of debt and alternatives for the Future Fund, offers a glimpse into how it has recalibrated its approach to investing in hedge funds and other risk premia.
Asset Allocation

CalPERS says no to adding leverage

The California Public Employees’ Retirement System announces it won’t be introducing leverage, and gives some details on how it will choose a portfolio in December from the four it’s considering.