The Latest
Asset Allocation

CIOs ride the corona storm

Even for long term investors who pride themselves on the big picture and horizons stretching far into the future, the unprecedented change of recent weeks is hair-raising. Enough liquidity on hand to take advantage of buying opportunities once they arise and comfortably pay benefits is crucial. We look at the strategies of investors around the world in response to the market conditions.
Sustainability

Behind BlackRock’s climate pledge

Last week BlackRock’s Larry Fink announced the company would put climate change centre-stage across its $7 trillion portfolio after what critics have called years of prevarication. Sarah Rundell looks behind what the statement could mean in practice.
Investor Profile

CalPERS board’s divestment dilemmas

The merits of tracking divested dollars, and the value of data illustrating what the pension fund has missed out on was the topic of much debate at the December CalPERS board meeting. In 2021 the fund will review six divestment programs across tobacco, firearms, coal, Iran, Sudan and emerging market equity principles.
Asset Allocation

CalPERS benefits from income allocation

CalPERS traded $55 billion in fixed income securites last financial year as it implemented its new internal structure apportioning fixed income assets across three groups: treasuries, spread and high yield. The asset class returned 9.6 per cent for the year.
Organisational Design

Why diversity is important: Calif. funds

CalPERS and CalSTRS recently hosted over 400 attendees from academia, business, and investment to explore the connection between diversity, human capital and performance. And gave participants tangible next steps on how to increase diversity within their workplace and fresh momentum to push the diversity cause.
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