Saturday, 10 October 2015
Last updated 17 hours ago
Mar 10 2006 | 12:00am ET
The California Public Employees Retirement System is reviewing commodity futures and could invest up to $6 billion into the strategy, according to the $207.1 billion plan’s investment committee agenda.
Officials at the fund plan to submit a recommendation for a maiden investment at its April 17 investment committee meeting. Agenda attachments for the March 13 meeting show that commodity futures would provide an annual return of 6.5%, according to staff, while the plan’s consultant, Wilshire Associates, projects a 5.5% annual return. The 3% allocation would likely come from global equities and fixed-income.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…