Investments

Myth: CalPERS cannot come back from billions in losses. | Facts

Myth: CalPERS uses “risky” investment strategies and assumptions. | Facts

Myth: CalPERS is doing very little to manage its real estate portfolio. | Facts

Myth: CalPERS is shying away from stocks in favor of private equity. | Facts

CalPERS Calls on White House for Proxy Access Support
June 17, 2010
Joe Dear, CalPERS Chief Investment Officer today sent a strong message to White House advisor Valerie Jarrett calling on her and the Obama Administration to publicly oppose the Senate's proxy access amendment imposing a 5% ownership requirement.
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CalPERS Investment Firms Agree to Stop Use of Placement Agents with Fund
June 16, 2010
Relational Investors LLC, a corporate governance fund, and Los Angeles-based Ares Management LLC have agreed to stop using placement agents to secure business from the pension fund.
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CalPERS Signs On to Letter Backing Corporate Governance Reforms
June 8, 2010
CalPERS and 20 other public pension plans wrote to a pair of key lawmakers to urge them to keep corporate governance provisions in the final version of the financial regulations reform bill.
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Placement Agent Bill to Prevent Corruption in Public Pension Systems Passes Assembly
June 2, 2010
A bill that would require rigorous regulation of placement agents advanced today in the California Assembly.
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CalPERS Toughens Ethics, Accountability: A Track Record of Reforms and Actions
May 6, 2010
CalPERS has taken aggressive steps to implement policies and reforms that strengthen the pension fund’s accountability and ethics, and to ensure full transparency.
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The President has signed legislation which implements the most sweeping reform of financial markets approved by Congress in 70 years.  In this “Insight” interview, Anne Simpson, CalPERS Senior Portfolio Manager for Corporate Governance, outlines the value of the new laws and the changes still needed.
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