In a surprise move, the giant US pension fund has accepted the resignation of its controversial CIO.
The spread of the coronavirus has led to the usual assortment of hucksters and grifters trying to take advantage; and US Republicans turn to insinuation and slurs against Calpers' CIO.
Strategic talks with global peers are likely to develop into joint investments for Japan’s national pension fund, its CIO told AsianInvestor.
Many asset owners are pulling out of hedge funds, dismayed by their relatively high fees and low returns. Others, including some Asian institutions, are reviewing their allocations.
Doubts persist over Japan’s commitment to boardroom change, says fund house Hermes, but progress is being made, aided by the country's Government Pension Investment Fund.
The new chief executive of Korea's National Pension Service and his soon-to-be-announced investment chief need contracts based on performance, not term limits.