USA - The CalPERS investment committee will meet on September 12 for a "workshop on natural resources and commodities investing", with guest speakers from Goldman Sachs, Barclays Capital, Wilshire and PGGM.
The half-day event, organised by CIO Russell Read, was planned to "assess options for further diversifying the pension fund's portfolio with investments in natural resource products, including those that may alleviate constraints on the nation's supply of petroleum."
The move to diversify also comes at a time when many large pension funds are looking to either move into safer waters or increase gains in the face of the upcoming retirement of the baby boomer generation.
While no longer expected to wreak havoc with equity markets, the baby boomer retirement is an added factor many pension funds are considering and one that CalPERS spokesman, Brad Pacheco, admitted would come up in future discussions about the US$215.2bn fund's asset allocation.
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.