California Public Employees' Retirement System News
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JPMorgan Chase & Co., the biggest U.S. bank, should oust most of its board and split Jamie Dimon’s dual roles as chairman and chief executive officer, shareholder advisory firm Glass Lewis & Co. said.
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What remains of the Houghton Mifflin Harcourt Publishing Co. reorganization was sent yesterday to the U.S. Bankruptcy Court in Boston.
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The California Public Employees Retirement System, the largest U.S. public pension, agreed to take a stake in an underwater power cable between New York and New Jersey, its second infrastructure investment.
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The California Public Employees Retirement System, the largest U.S. public pension plan, agreed to spend more of its money on infrastructure in the state.
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The California Public Employees Retirement System, the largest public pension plan in the U.S., will reduce its holdings in corporate bonds by 4.1 percentage points, moving the money into cash, inflation-linked bonds and infrastructure.
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The California Public Employees Retirement System replaced LaSalle Investment Management as manager of $1.96 billion of its industrial real estate, handing the work over to GI Partners LLC and RREEF Investment GmbH.
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California Public Employees Retirement System, the largest public pension in the U.S., plans to invest $500 million in companies working on curbing greenhouse-gas emissions and improving the environment.
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Standard & Poor’s may face widening litigation over credit ratings during the housing boom as states investigate the company and consider bringing new cases that would add to more than a dozen across the country.
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The California Public Employees Retirement System’s investment chief urged President Barack Obama to oppose a proposal to curb the ability of shareholders to list board candidates on corporate proxy statements.
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Tata Capital Ltd., the finance unit of India’s largest business group, plans to raise as much as 5 billion rupees ($94 million) for its first fund that will invest in equities of distressed companies.
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