US - Pension funds are actively monitoring CalPERS's plan to pay fund managers on a performance-only basis in a move that could potentially shake up the industry.
The plan was presented to the CalPERS Investment Committee last month as part of a proposed restructuring of the $1bn global equity portfolio. Christianna Wood, senior investment officer at th...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date