California Gov. Edmund Brown is taking a stand in several closely watched court cases regarding pension benefits.
In just 18 months, assets at GQG Partners jumped to $10 billion, from $100 million in seed money.
A growing middle class and economic recovery in Latin America are providing opportunities for money managers.
Getting 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' investment committee approved a new asset allocation plan that is similar to the current allocation, with the equity allocation rising to 50% from 46%.
Alex Rolfe was named head of institutional distribution for Australia and New Zealand at William Blair.
CalSTRS is seeking to fill its deputy chief investment officer position.
California appeals court members questioned lawyers on Tuesday over whether the lifetime pension benefits could be altered to instead provide "reasonable" benefits.
San Francisco City & County Employees' Retirement System committed up to $400 million to six real assets and private equity investments.
A newly elected CalPERS board member wants more transparency and criticized private negotiations between staff and BlackRock over the fund's private equity program.
CalPERS' 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.
Sonoma County Employees' Retirement Association put Guggenheim Investments on its watchlist following concerns about the management of the company.
Harshal Shah was named a senior vice president in Callan's private equity research group in San Francisco.
CalPERS 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 Employees' Retirement Association put Morgan Stanley Investment Management and Fidelity Institutional Asset Management on watch.
Wylie Tollette, chief operating investment officer at CalPERS, is leaving to rejoin Franklin Templeton Investments.
CalSTRS is investing $204 million in a joint venture with real estate investment firm GTIS Partners.
Michael DuCharme was named director, currency solutions at Mesirow Financial.
CalSTRS invested $232.7 million in a QMS Capital Management hedge fund and committed $9.9 million to an SSG Capital Management fund.
Matt Lewis was named vice president and head of exchange-traded funds implementation and capital markets at American Century Investments.
CalPERS is acquiring an 80% stake in two wind farms in Kansas and Oklahoma for $233 million.
Marin County Employees' Retirement Association reduced its assumed rate of return to 7% from 7.25% as the result of decreased future return expectations.
California 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 hires a veteran liability-driven investment executive to spearhead the expansion of its own LDI business.