CalPERS' CEO writes the fund is focused on selecting the right person to guide its $450 billion portfolio and lead the investment office.
A major question for managers that were created solely as OCIOs is how to evaluate performance.
Shining a light on a lack of diversity and inclusion among asset owners does more than reveal inconsistencies between mission and practice.
Abraaj's collapse may mirror the Bernie Madoff scandal, but the problems with Mr. Madoff were there to see for those who looked carefully.
A reaction to a recent P&I editorial about the Standard-of-Living indexed, Forward-starting, Income-only Securities) proposal.
For more than 30 years, stable value products have played an important role helping retirement plan participants safely accumulate retirement savings.
Regulators in other major financial markets are providing guidance on ESG disclosure and it's time the U.S. government did, too.
There are key benefits to the OCIO model, but there also exists great opaqueness, and the need to properly monitor tactics and fees.
A readers says P&I's recent editorial about not bailing out multiemployer plans is "simplistic and poorly reasoned."
P&I's article "Tax reform efforts put retirement plans at risk" omitted a critical public policy issue that will significantly impact the tax reform debate.
Active share is a fad, and like most fads, it will fade away.