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Articles tagged "Joe Nation"


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Edward Siedle: Overstaffing, underfunding, a lack of transparency and too much politics [are unacceptable].

The exit of CalPERS' turnaround CEO Anne Stausboll raises the question of whether the pension Goliath's changes are too little, too late and mostly superficial

Stausboll made a big showing of cutting hedge funds and other active managers but her last big act was to pay up for a New York office tower, funded by the sale of a diversified real estate portfolio

April 18, 2016 at 8:12 PM

Joe Nation: CalPERS typically claims a much lower unfunded liability than actually exists--precisely because it assumes a higher-than-justified investment rate of return.

A careful look into whether CalPERS is ticking along or a ticking time bomb

The $270-billion giant seems more grounded after some investing misadventures, but the unfunded-liability horse may be out of the barn

September 4, 2013 at 3:12 AM

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