This content is from: Portfolio CalSTRS to Cut Public Equity Allocation in Favor of Private Markets The retirement system will decrease its public equity market allocation by eight percent, according to plan documents. By Alicia McElhaney February 03, 2020
This content is from: Corner Office Public Pension Funds Adjust to Life Under Quarantine Meetings are being cancelled or moved online as staffers are sent home to work remotely. By Alicia McElhaney March 18, 2020
This content is from: Portfolio $79B Georgia Pension Allowed to Invest in Alternatives for First Time The state senate passed a bill on Tuesday that will let the Teachers Retirement System of Georgia meet a targeted 5 percent allocation to alternatives. By Alicia McElhaney February 26, 2020
This content is from: Portfolio Nation’s Largest Pension Fund Stopped Paying for Crash Insurance — in January CalPERS unwound its tail-risk hedge just weeks before stocks cratered. By Leanna Orr April 10, 2020
This content is from: Portfolio Was CalPERS Right to Unwind Its Tail-Risk Program? MSCI researchers argue that the hedging strategy usually costs more than it pays out. By Amy Whyte April 30, 2020
This content is from: Culture CalPERS CIO Called Out By Ex-Head of Tail-Risk Program The former employee, now with tail-risk manager Universa, has issued a scathing rebuttal to Ben Meng’s recent defense. By Julie Segal May 01, 2020
