CalPERS

Featured Story

CalPERS board ponders the risks of TPA

CalPERS CIO Stephen Gilmore talks the board through their role in setting the risk parameters behind a Total Portfolio Approach. The investment team hope the board will have selected its level of risk tolerance by November off which a TPA strategy can launch in July 2026.

Sarah RundellFebruary 27, 2025

Investor Profile

CalPERS goes big on the green transition

CalPERS, America's largest public pension fund, is more than halfway towards its goal of investing more than $100 billion in climate solutions by 2030, as it aims to grow its sustainable investment team to 20 in the next few months.

Sarah RundellJanuary 16, 2025

FIS Stanford 2024

The trait that will define ‘the California model’, according to CalPERS

Allocation to climate solutions and the ability to generate alpha from that across asset classes are what will define the future “California model”, according to CalPERS managing director of sustainable investment, Peter Cashion.

Darcy SongSeptember 27, 2024

InFocus

Tip of the A-iceberg as investors grapple with the scale of opportunity

An investment theme that incorporates all traditional businesses trying to exploit technology, including AI, is simply too broad. Focusing on AI alone leaves investors exposed to the uncertainty of future developments. In between is an approach that recognises AI as an accelerant to existing trends.

Simon HoyleJuly 17, 2024

Featured Story

CalPERS mulls tying climate KPIs to incentive pay

CalPERS may tie the incentive pay of its staff to meeting climate KPIs in the near future. The fund's executive pay consultants also discussed other ways the fund should tweak incentive pay like adding an asset class investment performance weighting to the annual incentive formula.

Sarah RundellApril 24, 2024

Equities

CalPERS reviews factor allocation

As CalPERS navigates more change at the top following Nicole Musicco decision to leave, the investment committee ploughs on with an annual review of the public equity portfolio where discussions focus on the factor weighted strategy and engagement on executive pay.

Sarah RundellOctober 3, 2023

Featured Story

CalPERS board ponders the risks of TPA

Investor Profile

CalPERS goes big on the green transition

FIS Stanford 2024

The trait that will define ‘the California model’, according to CalPERS

InFocus

Tip of the A-iceberg as investors grapple with the scale of opportunity

Featured Story

CalPERS mulls tying climate KPIs to incentive pay

Equities

CalPERS reviews factor allocation

California Public Employees Retirement System (CalPERS)

ABP/APG Asset Management

California State Teachers Retirement System (CalSTRS)

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