iOS app Android app


Mission Aligned Investing: More Complex Than It Seems

Clara Miller | Posted 06.10.2015 | Business
Clara Miller

Even with the best intentions and emerging tools, the current investment framework makes it difficult to match investment portfolios to values.

Largest Pension Fund In America Gives Hedge Funds The Boot

Bloomberg | Posted 09.15.2014 | Business

The California Public Employees’ Retirement System plans to divest the entire $4 billion that it has with hedge funds, saying they’re too expensiv...

Large Shareholders Join Forces With Corporate Directors to Defeat Hedge Fund Locusts

Nell Minow | Posted 04.13.2014 | Business
Nell Minow

Sam Levenson once observed, "The reason grandparents and grandchildren get along so well is that they have a common enemy." The same could be said for a new alliance between groups who have often been at odds: large institutional shareholders and corporate directors.

A New Science of Pension Fund Management

Steve Currall | Posted 02.15.2014 | Business
Steve Currall

We urge other public pension funds to bring scientific research to bear on these questions. Like any other investor, these funds should invite, rather than resist, impartial scrutiny of their strategy

Obamacare Needs Smart Patient Credits

Munir Moon | Posted 01.23.2014 | Politics
Munir Moon

Doctors and hospitals are businesses after all, and account for 50 percent of our health care cost (see chart below). Besides, what kind of business either doesn't know or won't tell you what it charges for standard goods or services? I ask this as a small business owner myself.

The Question of Mainstreaming Impact Investing

Ben Thornley | Posted 11.20.2013 | Business
Ben Thornley

The process of mainstreaming impact investing is, quite literally, about asking the right questions, and having the right answers ready to provide.

Ex-CEO Charged With Fraud

AP | PAUL ELIAS | Posted 05.18.2013 | Business

SAN FRANCISCO — Federal officials on Monday charged the former head of the nation's largest pension fund and one of his business associates with...

Shut Down the Merchants of Death -- A Divestment Strategy to Stop Gun Violence

Peter Dreier | Posted 04.15.2013 | Politics
Peter Dreier

Around the country, Americans are not only lobbying their Congressmembers to support legislation to reduce gun violence, they are also voting with their dollars -- through pension funds, government purchasing policies, and university endowments.

Nation's Largest Teacher Pension Fund To Divest From Firearms

AP | JUDY LIN | Posted 01.10.2013 | Education

SACRAMENTO, Calif. -- The nation's largest teacher pension fund took the first step Wednesday toward divesting from companies that make guns and high-...

Are California Teachers' Pensions Funding the NRA?

Richard Robbins | Posted 03.04.2013 | Education
Richard Robbins

Last year, CalSTRS, which is the nation's second largest pension fund, adopted a policy calling for portfolio companies to annually report their expenditures on political contributions.

Teachers' Funds Invested In Gun Company Linked To Sandy Hook Shootings

AP | JUDY LIN | Posted 02.17.2013 | Los Angeles

SACRAMENTO, Calif. — The nation's largest teachers' pension fund announced Tuesday that it was reviewing its firearms holdings after determining...

The Impact Investing Grounds Are Shifting

Ben Thornley | Posted 10.16.2012 | Business
Ben Thornley

Impact investing is likely to be difficult. It may even be costly, requiring the support of dedicated internal resources. But it is prudent and it is worth every dime. Clients are demanding it. Fund beneficiaries, and their communities, are counting on it.

Alice Hines

Justin Timberlake, Bill Clinton Shill For Walmart At Annual Meeting | Alice Hines | Posted 06.01.2012 | Business

FAYETTEVILLE, Ark. -- What do Taylor Swift and Bill Clinton have in common? It's not the folksy accents, though, perhaps those helped them score t...

Major Shareholder To Vote Against Walmart CEO In Wake Of Scandal

Reuters | Posted 07.23.2012 | Business

By Jessica Wohl May 23 (Reuters) - CalPERS, the biggest U.S. public pension fund, said on Wednesday it plans to vote a...

CA's Pension Funds Lose $18 Billion After Market Plunges

AP | ADAM WEINTRAUB | Posted 10.10.2011 | Los Angeles

SACRAMENTO, Calif. — The turmoil on Wall Street has hit the nation's largest public pension fund, which lost about $18 billion off the value of ...

Lehman Brother Sets Stage For End Of Biggest U.S. Bankruptcy

Posted 08.29.2011 | Business

NEW YORK (Caroline Humer and Jonathan Stempel) - Lehman Brothers Holdings Inc filed a new $65 billion bankruptcy liquidation plan that it said has...

'Narrow Network' HMOs Offer Savings, But Fewer Providers

Los Angeles Times | Posted 06.03.2011 | Home

Thousands of employers in California and across the country are slashing expensive doctors and hospitals from their insurance rosters in a move to hol...

How Wisconsin Can Turn Austerity Into Prosperity: Own a Bank

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

The budget woes of Wisconsin and other states were not caused by overspending on employee benefits. The "cure" is to get credit flowing again in the local economy, and this can be done by using state assets to capitalize state-owned banks.

State Workers Are Retiring In Droves

Daily Finance | Jonathan Berr | Posted 05.25.2011 | Business

Many employees of cash-strapped states, such as New Jersey, California and New York, appear headed for the exits -- trying to get out while they still...

CalPERS Agrees To Cuts In New Contract

AP | SAMANTHA YOUNG | Posted 05.25.2011 | Los Angeles

SACRAMENTO, Calif. — Members of California's largest state employee union approved a contract Tuesday that cuts pay by nearly 5 percent for 95,0...

'Tis the Season for Greening Wall Street

Mindy S. Lubber | Posted 05.25.2011 | Green
Mindy S. Lubber

'Tis the season for low expectations on climate change and other global sustainability challenges. Yet there's no reason to think our stockings will forever be stuffed with coal.

Nation's Largest Pension Fund Raised Pay As Fund Tanked

AP | CATHY BUSSEWITZ | Posted 05.25.2011 | Business

SACRAMENTO, Calif. — As its investment portfolio was losing nearly a quarter of its value, the country's largest public pension fund doled out s...

Weekly Audit: Curbing the Deficit, Cat Food, and You

The Media Consortium | Posted 05.25.2011 | Politics
The Media Consortium

Weekly Audit: Curbing the Deficit, Cat Food, and Youby Lindsay Beyerstein, Media Consortium blogger The deficit commission released its much anticipat...

Bill Requires Diversity In California Pension Funds

AP | CATHY BUSSEWITZ | Posted 05.25.2011 | Los Angeles

SACRAMENTO, Calif. — California's public pension funds would have to report the ethnicity and gender of some of the outside investment managers ...

Jerry Brown Sues Former CalPERS Officials For Fraud

AP | CATHY BUSSEWITZ | Posted 05.25.2011 | Los Angeles

SACRAMENTO, Calif. — California Attorney General Jerry Brown has sued two former officials of the nation's largest public pension fund for fraud...