California governor adds voice to benefit cases
January 08, 2018 12:00:00 AMCalifornia Gov. Edmund Brown is taking a stand in several closely watched court cases regarding pension benefits.
GQG Partners marks growth spurt despite downturn in active management
January 02, 2018 12:00:00 AMIn just 18 months, assets at GQG Partners jumped to $10 billion, from $100 million in seed money.
Managers seeing room to grow by looking south of the border
December 25, 2017 12:00:00 AMA growing middle class and economic recovery in Latin America are providing opportunities for money managers.
CalSTRS staffers load up with pies, take aim at CIO Ailman for charity
December 20, 2017 12:00:00 AMGetting to hit the top investment boss in the face with whipped cream pie was part of the holiday charity fundraising efforts at CalSTRS this season.
CalPERS adopts new asset allocation increasing equity exposure to 50%
December 18, 2017 12:00:00 AMCalPERS' investment committee approved a new asset allocation plan that is similar to the current allocation, with the equity allocation rising to 50% from 46%.
William Blair chooses head of institutional distribution for Australia/New Zealand
December 15, 2017 12:00:00 AMAlex Rolfe was named head of institutional distribution for Australia and New Zealand at William Blair.
CalSTRS looking for new deputy CIO
December 15, 2017 12:00:00 AMCalSTRS is seeking to fill its deputy chief investment officer position.
Appeals court hearing sets stage for California rulings on altering pension benefits
December 13, 2017 12:00:00 AMCalifornia appeals court members questioned lawyers on Tuesday over whether the lifetime pension benefits could be altered to instead provide "reasonable" benefits.
S.F. City & County moves $400 million to alternatives
December 13, 2017 12:00:00 AMSan Francisco City & County Employees' Retirement System committed up to $400 million to six real assets and private equity investments.
New CalPERS board member leery of private equity takeover
December 13, 2017 12:00:00 AMA newly elected CalPERS board member wants more transparency and criticized private negotiations between staff and BlackRock over the fund's private equity program.
CalPERS staff wants minor tweaks to asset allocation to keep 7% rate of return
December 11, 2017 12:00:00 AMCalPERS' investment staff wants to keep the fund's asset allocation similar to its current plan to maintain a 7% return and avoid more contribution increases.
INTECH Investment Management
December 11, 2017 12:00:00 AMSonoma County puts Guggenheim on watch on concerns about company management
December 06, 2017 12:00:00 AMSonoma County Employees' Retirement Association put Guggenheim Investments on its watchlist following concerns about the management of the company.
Callan recruits CalPERS portfolio manager for private equity research group
December 06, 2017 12:00:00 AMHarshal Shah was named a senior vice president in Callan's private equity research group in San Francisco.
Think tank blames sustainable investing for CalPERS' falling investment performance
December 05, 2017 12:00:00 AMCalPERS reported its unfunded liability grew $27.3 billion to $138.6 billion as of June 30, 2016, prompting criticism from a think tank.
Marin County puts 2 managers on watch for performance
December 04, 2017 12:00:00 AMMarin County Employees' Retirement Association put Morgan Stanley Investment Management and Fidelity Institutional Asset Management on watch.
Wylie Tollette leaving CalPERS to rejoin Franklin Templeton
December 04, 2017 12:00:00 AMWylie Tollette, chief operating investment officer at CalPERS, is leaving to rejoin Franklin Templeton Investments.
CalSTRS invests $204 million in GTIS Partners joint venture
December 01, 2017 12:00:00 AMCalSTRS is investing $204 million in a joint venture with real estate investment firm GTIS Partners.
Mesirow Financial hires currency solutions director
December 01, 2017 12:00:00 AMMichael DuCharme was named director, currency solutions at Mesirow Financial.
CalSTRS allocates $243 million to hedge fund, direct lending fund
November 30, 2017 12:00:00 AMCalSTRS invested $232.7 million in a QMS Capital Management hedge fund and committed $9.9 million to an SSG Capital Management fund.
American Century Investments adds head of ETF implementation and capital markets
November 30, 2017 12:00:00 AMMatt Lewis was named vice president and head of exchange-traded funds implementation and capital markets at American Century Investments.
CalPERS buys 80% stake in wind farms
November 30, 2017 12:00:00 AMCalPERS is acquiring an 80% stake in two wind farms in Kansas and Oklahoma for $233 million.
Marin County Employees lowers assumed rate of return
November 29, 2017 12:00:00 AMMarin County Employees' Retirement Association reduced its assumed rate of return to 7% from 7.25% as the result of decreased future return expectations.
Treasurer calls on CalPERS, CalSTRS to adopt diversity standards for corporate boards
November 28, 2017 12:00:00 AMCalifornia Treasurer John Chiang is calling on CalPERS and CalSTRS to require corporate boards of the companies they invest in to have a diversity standard.
Capital Group making a serious play for LDI
November 27, 2017 12:00:00 AMCapital Group hires a veteran liability-driven investment executive to spearhead the expansion of its own LDI business.