Tag Archives: CalPERS

Alibaba, Hedge Funds and Transparency

Alibaba appears to have seized the 2014 prize for the biggest IPO price jump – from $68 to $93 on the first trade – as well as driving more speculation about its possible membership in the S&P 500 than anything since Facebook.  Unlike Facebook, Alibaba is a Chinese company and is not eligible for membership Read more […]

Passive Pensions

We read this morning that the California Public Employees’ Retirement System (CalPERS) is considering increasing its commitment to passive equity vehicles. This follows, by less than two weeks, a study suggesting that public pension funds generally could improve their performance by doing exactly what CalPERS is reported to be considering. Of course whenever you speak about Read more […]