Why transparency is important for CalPERS
Anne Simpson, managing investment director, board governance and sustainability tells Amanda White why transparency is so important at CalPERS and what the fund is doing to improve it.
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CalPERS’ new asset allocation to take on more risk
The largest pension fund in the United States, the $469 billion CalPERS, is in the middle of an asset liability modelling exercise to set a new asset allocation by June 2022. Chief executive Marcie Frost says it’s the most significant decision the board makes with regard to the investment portfolio and that achieving a return target of 6.8 per will require “pushing everyone’s risk appetite”.
CalPERS reduces equities universe
In the first story of an exclusive series examining investment portfolio innovation at CalPERS, Amanda White looks at the global equities portfolio where the universe of stocks was recently halved.
CalPERS’ board mulls CIO hunt ahead
A detailed analysis of the largest 100 asset owner CIOs, plus a wishlist of characteristics and skills of the right candidate were front and centre of the latest CalPERS board meeting as the fund still searches for a permanent CIO.
Investors urge SEC to mandate climate reporting
Global investors have overwhelmingly urged the SEC to provide corporate disclosure rules on climate. In submissions to the SEC many investors including CalPERS and CalSTRS said the rules should be mandatory.
Promoting diversity won’t cut it, results will: Brown Duckett
CEOs are accustomed to stretch targets and reward outcomes, not efforts says TIAA’s Thasunda Brown Duckett, the same principals should be applied in the DEI space. She was speaking alongside CIOs from CalPERS and CalSTRS at a diversity forum co-hosted by the funds.
Global Pension Transparency Benchmark