California Public Employees' Retirement System

Type: Organization
Name: California Public Employees' Retirement System
First reported 11 hours ago - Updated 51 mins ago - 7 reports

Calpers’ exit sends hedge funds warning

What the Calpers move shows is that the rules of engagement between public opinion and hedge funds are shifting ... [Published FT.com - Financials - 4 hours ago]
First reported 4 hours ago - Updated 1 hour ago - 2 reports

JULIAN ROBERTSON: There Are Two Bubbles That Can Bite Us

Legendary hedge fund manager Julian Robertson is speaking at Bloomberg Market's Most Influential Summit. Bill Conway from the Carlyle Group is also on the panel.  Robertson thinks that there are two bubbles that can bite us. "I agree with the ... [Published Clusterstock - 4 hours ago]
First reported 1 hour ago - Updated 1 hour ago - 1 reports

Marathon's Richards on Investment Strategy, Calpers

Sept. 22 (Bloomberg) -- Bruce Richards, co-founder and chief executive officer of Marathon Asset Management, talks about investment strategy and the California Public Employees' Retirement System's decision to divest from hedge funds. Richards speaks ... [Published BusinessWeek - 1 hour ago]
First reported 2 hours ago - Updated 2 hours ago - 1 reports

Hedge Fund News: Ray Dalio, George Soros & Tiger Management

Bridgewater’s Dalio Says Hedge Fund Seeks ‘Radical Truth’ (BusinessWeek)Ray Dalio , who runs the $160 billion Bridgewater Associates LP, said he’s seeking to encourage a culture of “radical truth and radical transparency” by recording everything inside ... [Published InsiderMonkey.com - 2 hours ago]
First reported 3 hours ago - Updated 2 hours ago - 2 reports

Leon Cooperman: EBay Should Spin Off PayPal [VIDEO]

Leon Cooperman, chairman and chief executive officer of hedge fund Omega Advisors, talks about the outlook for eBay Inc ( NASDAQ:EBAY ), the decision by the California Public Employees’ Retirement System to exit its hedge-fund investments, and investment ... [Published Value Walk - 3 hours ago]
First reported 16 hours ago - Updated 4 hours ago - 1 reports

Global investors call for action on climate change

Some of the world's largest institutional investors have told governments they are ready to play their part in the transition to a low carbon economy, but they need governments to help them.A group of 348 institutional investors worth more than US$24 ... [Published Financial Standard - 16 hours ago]
First reported 4 hours ago - Updated 4 hours ago - 1 reports

Equilibrium Capital Adds Two Directors

Equilibrium Capital Group, which specializes in sustainability-driven real assets for institutional investors, has named former CalPERS CIO Janine Guillot as a director. The firm has also appointed Guy Jaquier, most recently CEO of Prologis Private Capital, ... [Published FINalternatives - 4 hours ago]
First reported Sep 21 2014 - Updated 20 hours ago - 3 reports

Texas Teachers Follows CalPERS in Dumping Hedge Funds

Last week, Breitbart News noted that Texas public pension plans had the highest asset percentage of any state pension program invested in hedge funds, with one plan at almost a quarter of assets invested.  It didn’t take long for Texans to start ... [Published Breitbart Feed - 20 hours ago]
First reported Sep 21 2014 - Updated Sep 21 2014 - 1 reports

10 Sunday Reads

Good Sunday morning. Pour yourself a tall cup of hot black coffee, and start your SUNday — the day before MOONday — with these quality reads: • 7 Fascinating Insights Into Why Scotland Voted Against Independence ( Buzzfeed ) • Mutual Funds From Good ... [Published The Big Picture Blog - Sep 21 2014]
First reported Sep 21 2014 - Updated Sep 21 2014 - 1 reports

Detroit bankruptcy plan hearing shows contrast with San Bernardino

City Filed for bankruptcy Filed Plan of Adjustment Hearings begin Time to file PlanVallejo May 23, 2008 Jan. 18, 2011 2 years, 7 monthsStockton June 18, 2012 Oct. 10, 2013 May 12, 2014 1 year, 3 monthsDetroit July 18, 2013 Feb. ... [Published San Bernardino County Sun - Sep 21 2014]
First reported Sep 20 2014 - Updated Sep 20 2014 - 1 reports

Most Read on Bloomberg: Alibaba, Fortress, Calpers, U.S. Stocks - Bloomberg

Most Read on Bloomberg : Alibaba, Fortress, Calpers, U.S. Stocks Bloomberg 19 ( Bloomberg ) -- Fortress Investment Group LLC gave four of its top executives $63 million in compensation last year. As part of the package, the first publicly traded ... [Published Bloomberg via Google News - Sep 20 2014]
First reported Sep 20 2014 - Updated Sep 20 2014 - 1 reports

Pleasant Hill: CalPERS audit finds city incorrectly enrolled 511 Contra Costa staffers

PLEASANT HILL -- Employees of a program devoted to moving commuters out of cars and onto bikes and public transit were incorrectly classified as city employees for years, according to an audit by the California Public Retirement System.Known now as 511 ... [Published San Jose Mercury News - Sep 20 2014]

Quotes

Sam_Tababa on "The High Price of Renting in Paradise " JustToSay: You say "in the past a person could work a min wage job and pay for their education..." I say what past
"Prudent stewards of capital have recognized the need to future-proof their portfolios," he said. "Money is flowing to forward-thinking managers.”"
"I'm concerned that my obituary will say he died at 2 a.m. while getting a quote on the Yen" he joked. 
The debate over hedge funds begins with high fees and poor performance (see " Hedge Funds Are for Suckers "). However, that is merely a leaping off point. Issues of illiquidity and gated exits are a concern. It is noteworthy that Calpers expects to take a full year to exit from its $4 billion in hedge-fund investments. Concerns about the unfulfilled promise of equity non-correlation with the broader market is another issue. Hedge funds were surprisingly correlated with equities during the financial crisis -- they got walloped, though they performed somewhat better than broad equity indexes. Calpers also referred to the high costs of evaluating, monitoring and managing hedge-fund investments."

More Content

All (812) | News (575) | Reports (0) | Blogs (230) | Audio/Video (5) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Columbus Williams [Published Santa Barbara Independent - 1 hour ago]
Marathon's Richards on Investment Strategy, Cal... [Published BusinessWeek - 1 hour ago]
Hedge Fund News: Ray Dalio, George Soros & Tige... [Published InsiderMonkey.com - 2 hours ago]
Anthem, LA providers creating HMO to compete wi... [Published Business Insurance - 3 hours ago]
Leon Cooperman: EBay Should Spin Off PayPal [VI... [Published Value Walk - 3 hours ago]
Leon Cooperman Says EBay Should Spin Off PayPal [Published BusinessWeek - 3 hours ago]
Calpers’ exit sends hedge funds warning [Published FT.com - Financials - 4 hours ago]
Equilibrium Capital Adds Two Directors [Published FINalternatives - 4 hours ago]
JULIAN ROBERTSON: There Are Two Bubbles That Ca... [Published Clusterstock - 4 hours ago]
LIVE: Julian Robertson Is Speaking [Published Business Insider - 4 hours ago]
Why Hedge With a Hedge Fund? [Published Bloomberg View - 5 hours ago]
Why Hedge? [Published The Big Picture Blog - 5 hours ago]
Can LIC aspire to be a Calper? [Published Business Standard India - 6 hours ago]
Agecroft: Top 5 Predicted Outcomes of CalPERS d... [Published Value Walk - 6 hours ago]
Caltius one third of the way to slightly-hiked ... [Published AltAssets.net - 7 hours ago]
September 22 Premarket Briefing: 10 Things You ... [Published The Street Latest - 7 hours ago]
347 Institutional Investors Call for ‘Meaningfu... [Published Triple Pundit - 8 hours ago]
Why hedge funds aren’t sweating the Calpers exit [Published Globe and Mail - 9 hours ago]
Why CalPERS Is Exiting The Hedge Fund Space [Published Atlanta Journal And Constitution - 11 hours ago]
Why CalPERS Is Exiting The Hedge Fund Space [Published Forbes.com - 11 hours ago]
Morning Coffee: Nomura needs to hire VPs to con... [Published eFinancial Careers - 13 hours ago]
Global investors call for action on climate change [Published Financial Standard - 16 hours ago]
Climate change fears spur divestment on fossil ... [Published Los Angeles Times - 16 hours ago]
Texas Teachers Follows CalPERS in Dumping Hedge... [Published Breitbart Feed - 20 hours ago]
Will more pensions dump hedge funds? [Published CNBC - Sep 21 2014]
10 Sunday Reads [Published The Big Picture Blog - Sep 21 2014]
Wall Street cool kids fail on fees [Published Crains NY Business - Sep 21 2014]
Detroit bankruptcy plan hearing shows contrast ... [Published San Bernardino County Sun - Sep 21 2014]
This week in the war on workers: Foley again bl... [Published Daily Kos - Sep 20 2014]
Ted Nesi’s Saturday Morning Post: Sept. 20 [Published WPRI - Sep 20 2014]
1 2 3 4 5 6 7 8 9 10 ...
In Focus
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
JULIAN ROBERTSON: There Are Two Bubbles That Ca... [Published Clusterstock - 4 hours ago]
Legendary hedge fund manager Julian Robertson is speaking at Bloomberg Market's Most Influential Summit. Bill Conway from the Carlyle Group is also on the panel.  Robertson thinks that there are two bubbles that can bite us. "I agree with the ...
Why Hedge? [Published The Big Picture Blog - 5 hours ago]
The news last Monday was a shock — the Calpers California earthquake . For a variety of reasons, the California Public Employee’s Retirement System, the nation’s largest public-pension fund, said it was dropping hedge funds from its roster of investment ...
Texas Teachers Follows CalPERS in Dumping Hedge... [Published Breitbart Feed - 20 hours ago]
Last week, Breitbart News noted that Texas public pension plans had the highest asset percentage of any state pension program invested in hedge funds, with one plan at almost a quarter of assets invested.  It didn’t take long for Texans to start ...
10 Sunday Reads [Published The Big Picture Blog - Sep 21 2014]
Good Sunday morning. Pour yourself a tall cup of hot black coffee, and start your SUNday — the day before MOONday — with these quality reads: • 7 Fascinating Insights Into Why Scotland Voted Against Independence ( Buzzfeed ) • Mutual Funds From Good ...
Most Read on Bloomberg: Alibaba, Fortress, Calp... [Published Bloomberg via Google News - Sep 20 2014]
Most Read on Bloomberg : Alibaba, Fortress, Calpers, U.S. Stocks Bloomberg 19 ( Bloomberg ) -- Fortress Investment Group LLC gave four of its top executives $63 million in compensation last year. As part of the package, the first publicly traded ...
1 2 3 4 5 6 7 8 9 10 ...

Audio/Video

sort by: Date | Relevance
The Exchange: Value over volatility [Published Reuters Video: Top News - Sep 19 2014]
The Exchange: Value over volatility [Published Reuters Video: Business - Sep 19 2014]
Breakingviews: Going hedge-fund free [Published Reuters Video: Top News - Sep 16 2014]
Breakingviews: Going hedge-fund free [Published Reuters Video: Business - Sep 16 2014]
Kinder Morgan to Consolidate [Published Wall Street Journal What's News - Aug 11 2014]
1
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.