Business
CalPERS, the nation’s biggest public pension fund, makes good on its support of shareholder rights by voting against all 12 Exxon directors.
May 20, 2024
California Public Employees’ Retirement System is increasing its exposure to private equity and private credit, betting the riskier assets will fuel higher returns.
March 19, 2024
Opinion
The nation’s largest public pension fund offers a weak strategy for reaching a net-zero portfolio, perhaps to head off legislation forcing it to divest from oil companies and other air-polluting industries.
Dec. 3, 2023
CalPERS’ gain leaves the pension fund with $462.8 billion, enough to cover 72% of its future obligations.
July 20, 2023
The California Public Employees’ Retirement System may force its next chief investment officer to sell securities that could pose conflicts of interest.
Sept. 4, 2020
The investment chief at California’s massive state pension fund stepped down. It seems CalPERS might have fallen short of its own conflict-of-interest rules.
Aug. 6, 2020
Climate & Environment
A new assessment finds that one-fifth of CalPERS’ public markets portfolio is in business sectors exposed to financial risk from climate change.
Dec. 19, 2019
Ben Meng, a U.S. citizen who grew up in China, is in the crosshairs of a debate over immigration, national security and who is a “real American.”
Feb. 25, 2020
Doesn’t the CalPERS board have better things to do than attack one of its own members?
June 24, 2020
Calpers removed one of its two hedges against a bear market just weeks before the viral outbreak sent stocks reeling.
April 9, 2020