The California Public Employees' Retirement System (CalPERS) today issued a following statement in response to a ruling in the City of Detroit bankruptcy eligibility...
The California Public Employees' Retirement System (CalPERS) is set to get back approximately $261 million in damages from JPMorgan in a federal investigation settlement announced today by California's Attorney General Kamala Harris.
ING announced today that it has reached an agreement to sell ING Life Korea, its wholly owned life insurance business in South Korea, to MBK Partners for a total purchase price of approximately KRW 1.84 trillion (EUR 1.24 billion at current exchange rates).
The California Public Employees' Retirement System (CalPERS) has named Sabrina Stroud as the Division Chief for the organization's Enterprise Strategy and Performance Division. She will begin her new role at CalPERS on August 19, 2013.
The California Public Employees' Retirement System (CalPERS) today reported a 12.5 percent return on investments for the 12 months that ended June 30, 2013, outperforming its benchmark by 1.5 percentage points. CalPERS assets at the end of the fiscal year stood at more than $257.8 billion.