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.
There are good reasons to be skeptical of the argument that retail investors are in favor of the SEC's proxy adviser proposal.
Shining a light on a lack of diversity and inclusion among asset owners does more than reveal inconsistencies between mission and practice.
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.