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

CIO Joe Dear on Cleaning Up CalPERS
September 3, 2010
"As the steward of the largest pool of investment capital in the U.S., Joe Dear has the clout to shape how the asset management industry adapts to a volatile, post-crash global market."
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CalPERS, Others Seek to Shape SEC Proxy Access Rules
August 16, 2010
Securities and Exchange Commission (SEC) to urge the commission not to be overly restrictive in setting proxy access rules.
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Joe Dear Defends Investment Strategies to Los Angeles Times
August 10, 2010
Like nearly every other investor in the world, the California Public Employees’ Retirement System (CalPERS) saw its returns fall sharply with the near-collapse of the world’s financial markets.
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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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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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