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Calpers hopes bold move will boost efforts to achieve its 7% return target
California pension fund accused of refusing to disclose details to avoid bonus cuts
Outta site, outta mind.
Calpers is the latest big investor to pull back from stockpickers in favour of passive approach
Ben Meng on managing the retirement savings of nearly 2m Californians
“We need more of it, and we need it now.”
Regulators and investors should demand greater transparency
Performance claims of high-charging managers questioned by new analysis
Red ink at Calpers could run into hundreds of millions of dollars
Californian plans demand greater disclosure from asset managers
Research finds the investment vehicles underperform simple benchmarks after fees
Only one of the 16 largest funds has raised its exposure to bonds since 2008
Calpers appoints Elisabeth Bourqui as chief operating investment officer
Oil group makes new governance concession after large shareholders demanded access
The Paris agreement has quickened the move to a greener economy
Head of Americas Mark McCombe relocates to San Francisco
Eighteen out of 20 asset managers cast fewer votes in favour of management this year
Divestment advocates say that they aim to raise awareness and put pressure on the industry
Trump approval renews campaign to reroute project
BlackRock’s new lead independent director is a 17-year veteran, says Stephen Foley
Schemes move away from companies that generate revenues from oil, gas and coal
Statement from Axa, Calpers comes amid a divestment wave
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