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May 2017

News CalPERS Investment Office Saves Millions in Expenses over Six-Year Period; More Cost Effective than Peers

The California Public Employees’ Retirement System (CalPERS) today reported annual ongoing fees and expenses for its investment operations have declined by approximately $402 million since fiscal year 2010-11. The annual CEM Benchmarking survey also found that CalPERS is a (...)

May 2017

News ETFGI reports assets invested in ETFs/ETPs listed globally break through the 4 trillion US dollar milestone at the end of April 2017

The Global ETF/ETP industry had 6,835 ETFs/ETPs, with 12,892 listings, assets of US$4.002 trillion, from 313 providers listed on 68 exchanges in 56 countries at the end of April 2017, according to preliminary data from ETFGI’s April 2017 (...)

May 2017

News CalPERS Urges Investors to Vote for Climate Change Reporting at Occidental Petroleum

The California Public Employees’ Retirement System (CalPERS) is calling fellow shareowners of Occidental Petroleum, the international oil and gas company, to vote in favor of a proxy ballot resolution requiring the company to report on environmental risks and opportunities (...)

April 2017

News Allianz Invests in Lemonade

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, today announced a strategic investment by Allianz, the world’s largest insurance company.

April 2017

People Moves Réal Desrochers Leaving Private Equity Program

The California Public Employees’ Retirement System (CalPERS) said today that Réal Desrochers, managing investment director of the CalPERS Private Equity program, is leaving the pension fund to take a position with a large overseas (...)

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