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Calpers, Nation's Biggest Pension Fund, To End Hedge Fund Investments
Keywords:
Calpers, the largest pension fund in the U.S. representing 1.6 million California public employees, plans to liquidate $4 billion of investments in 30 hedge funds. Calpers sees the hedge funds as too costly with fees of about 2% of investments and 20% of profit, and too complex, lacking the ability to scale up for a pension fund of its size. Hedge funds have done poorly in the current investment environment where index funds have performed well.
California pension fund CALPERS management
08/11/2014
Grouped Articles
Calpers Rethinks Its Risky Investments
Wall Street Journal 08/11/2014
Calpers, Nation's Biggest Pension Fund, To End Hedge Fund Investments
New York Times 09/15/2014
California pension fund Calpers strategies
07/24/2014
Grouped Articles
Calpers Pulls Back From Hedge Funds
Wall Street Journal 07/24/2014
Calpers Rethinks Its Risky Investments
Wall Street Journal 08/11/2014
Calpers, Nation's Biggest Pension Fund, To End Hedge Fund Investments
New York Times 09/15/2014
Giant California Teachers Pension, Calstrs, Posts Worst Result Since 2008 Crisis
WSJ 07/19/2016
California pension fund Calpers performance
07/17/2012
Grouped Articles
Calpers Pulls Back From Hedge Funds
Wall Street Journal 07/24/2014
Calpers Rethinks Its Risky Investments
Wall Street Journal 08/11/2014
Calpers, Nation's Biggest Pension Fund, To End Hedge Fund Investments
New York Times 09/15/2014
Calpers Misses Big on Investment Target
Wall Street Journal 07/17/2012
Giant California Teachers Pension, Calstrs, Posts Worst Result Since 2008 Crisis
WSJ 07/19/2016
Orange County Employees Retirement System and CALPERS. Contrasting approaches and results.
10/16/2009
Steve Delancey and the small pension fund that runs OCERS feel vindicated with only 8% losses compared to 21% for CALPERS even as the DJ averages passed 10,000 in October 2009.
Grouped Articles
Calpers Pulls Back From Hedge Funds
Wall Street Journal 07/24/2014
Calpers, Nation's Biggest Pension Fund, To End Hedge Fund Investments
New York Times 09/15/2014
Orange County Dodged Bullet by Avoiding Calpers
Wall Street Journal 10/16/2009
Calpers Weighs Booting BlackRock
Wall Street Journal 11/25/2009
New York Times 04/27/2012
Calpers Misses Big on Investment Target
Wall Street Journal 07/17/2012
Calpers decision to exit investment in hedge funds and the losses at Carlyle hedge fund- poor returns for hedge funds
09/15/2014
Linked Articles
Calpers, Nation's Biggest Pension Fund, To End Hedge Fund Investments
New York Times 09/15/2014
Carlyle Fund Walloped in Commodities Rout
Wall Street Journal 08/01/2015
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