SAN FRANCISCO — Federal officials on Monday charged the former head of the nation's largest pension fund and one of his business associates with...
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.
SACRAMENTO, Calif. -- The nation's largest teacher pension fund took the first step Wednesday toward divesting from companies that make guns and high-...
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.
SACRAMENTO, Calif. — The nation's largest teachers' pension fund announced Tuesday that it was reviewing its firearms holdings after determining...
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.
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...
By Jessica Wohl May 23 (Reuters) - CalPERS, the biggest U.S. public pension fund, said on Wednesday it plans to vote a...
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 ...
NEW YORK (Caroline Humer and Jonathan Stempel) - Lehman Brothers Holdings Inc filed a new $65 billion bankruptcy liquidation plan that it said has...
Thousands of employers in California and across the country are slashing expensive doctors and hospitals from their insurance rosters in a move to hol...
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.
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...
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 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.
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 Youby Lindsay Beyerstein, Media Consortium blogger The deficit commission released its much anticipat...
SACRAMENTO, Calif. — California's public pension funds would have to report the ethnicity and gender of some of the outside investment managers ...
SACRAMENTO, Calif. — California Attorney General Jerry Brown has sued two former officials of the nation's largest public pension fund for fraud...
SACRAMENTO, Calif. — The chief investment officer of California's giant pension fund said Monday he is disturbed by the allegations of wrongdoin...
SAN FRANCISCO — Three gay couples are suing California's giant public pension fund and the Internal Revenue Service to make long-term care insur...
SACRAMENTO, Calif. — California lawmakers took a step Wednesday toward cracking down on the middlemen that help private investment firms land lu...
SACRAMENTO, Calif. — Federal prosecutors have started a criminal investigation into the investment activities of the California Public Employees...
California is in the anomalous position of being $26 billion in the red and plunging toward bankruptcy, while it has over $70 billion stashed away in an investment pool that it cannot touch.
