CalPERS, the nation's largest public-pension system, has given preliminary approval to a set of beliefs designed to guide its investment policies and ensure the fund's growth.
CalPERS believes it is the first U.S. pension fund to adopt specific investment beliefs to help it set its course over the long run.
"These beliefs are another important step in the recovery of CalPERS, providing a clear direction and philosophy for investment decisions," Joe Dear, CalPERS CIO, said in a news release.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
