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June 2014

News Nomura Asset Management launches in Middle East

Japanese fund manager Nomura Asset Management (NAM) has launched an office in Dubai International Financial Centre (DIFC) as part of its ongoing commitment to the Middle East.

May 2014

News CalPERS Board Approves Pension Beliefs to Guide Pension Fund Practices and Decisions

The California Public Employees’ Retirement System (CalPERS) Board of Administration today adopted a set of Pension Beliefs that articulate the Pension Fund’s views on public pension design, funding and administration.

May 2014

News CalPERS Launches Search for Chief Investment Officer

The California Public Employees’ Retirement System (CalPERS) seeks an experienced investment professional for the role of Chief Investment Officer (CIO) to lead and manage its 400-plus person Investment Office...

May 2014

News CalPERS Achieves $12.75M recovery from Ernst & Young LLP

The California Public Employees’ Retirement System (CalPERS) announced today that it had reached a $12.75 million settlement with Ernst & Young LLP (E&Y), the former auditor for Lehman Brothers (Lehman) with respect to claims arising out of CalPERS purchases of Lehman (...)

April 2014

News CalPERS Investment Office Cuts Expenses for Two-year Period, Tops Peer Benchmark in Cost Survey

The California Public Employees’ Retirement System (CalPERS) today reported that costs for its investment operations have declined by approximately $80 million for the two-fiscal-year period from 2011-2013. CalPERS also reported that it was found to be "cost-advantaged" in a (...)

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