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.
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Jupiter Asset Management's Abbie Llewellyn-Waters, manager of the Jupiter Global Sustainable Equity strategy, explains why firms need to integrate ESG into their business model