CalPERS To Recommend Commodity Futures

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.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel's Griffin Reaches Settlement in Contentious Divorce

Oct 8 2015 | 10:14pm ET

Billionaire hedge fund manager Ken Griffin and his wife have settled a long-running...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note