18th November, 2021
On Monday this week, the Board of Administration of CalPERS – the world’s largest state-level pension fund – confirmed the new investment strategy for the next four and a half years. And the new target asset allocation represents a substantial change from the current mix.
Subscriber Post
6th October, 2021
Concern over climate change continues to prompt state-owned investors to declare their commitment to fighting greenhouse gas emissions with One Planet Sovereign Wealth Funds (OPSWF) signing up four new SWF members this week. Yet, the lack of standardization of greenhouse gas auditing and reviews of progress towards targets makes judging OPSWF's real world impact difficult to measure.
Subscriber Post
27th August, 2021
Recent annual returns by state-owned investors have demonstrated that the rally in public equities has boosted portfolios, but long-term returns suggest private markets generate stronger yield.
Subscriber Post
16th July, 2021
The US$473 billion pension fund CalPERS earned a net return of 21.3% in the latest fiscal year ending June 30, narrowly missing its benchmark return by 40 basis points.
Subscriber Post
22nd March, 2021
State-Owned Investors have still a long way to go when it comes to diversity and inclusion.
Subscriber Post