Pension power plays

Nearly a year later, some concrete effects of CalPERS' intentions are becoming apparent, according to reports by the Wall Street Journal and Dow Jones - and the manager's approach has gained other adherents in the US pension fund industry.

Specifically, CalPERS will no longer invest conventionally by pooling its capital with other clients into hedge funds, and will instead require separately managed accounts in which hedge fund managers will have to trade directly for the pension fund manager.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: