{"id":43515,"date":"2014-08-12T11:08:04","date_gmt":"2014-08-12T15:08:04","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=43515"},"modified":"2014-08-12T11:08:04","modified_gmt":"2014-08-12T15:08:04","slug":"calpers-considers-cutting-back-on-commodities-hedge-funds-equities","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2014\/calpers-considers-cutting-back-on-commodities-hedge-funds-equities.html","title":{"rendered":"CalPERS considers cutting back on commodities, hedge funds, equities"},"content":{"rendered":"<p>Bizjournal.com &#8211; The nation\u2019s largest public pension fund is considering dramatically reducing or even dropping investments in commodities, hedge funds, and some $55 billion worth of individual company stocks,\u00a0<a style=\"color: #334e91;\" href=\"http:\/\/pubads.g.doubleclick.net\/pagead\/adview?ai=Bznctgy3qU-u8OJKA-gOukoKIDYnny7oFAAAAEAEgqZbaHzgAWJmX6YiuAWDJ9reH3KOUEbIBE3d3dy5iaXpqb3VybmFscy5jb226AQlnZnBfaW1hZ2XIAQnaAWhodHRwOi8vd3d3LmJpempvdXJuYWxzLmNvbS9zYWNyYW1lbnRvL25ld3MvMjAxNC8wOC8xMS9jYWxwZXJzLWNvbnNpZGVycy1jdXR0aW5nLWJhY2stb24tY29tbW9kaXRpZXMuaHRtbJgC6IQBwAIC4AIA6gIYLzQ2MzUvYnpqLnNhY3JhbWVudG8vb29w-AKE0h6QA-ADmAPgA6gDAeAEAZIFCwgHEAEYASDBmegYkgULCAcQARgBIJmd6hiSBQsIBxABGAEgib3qGKAGIA&amp;sigh=UczuK7R9bIw&amp;adurl=http:\/\/pagead2.googlesyndication.com\/pagead\/imgad?id=CICAgKCNn-yIxgEQARgBMggPKtH7CIiUnA%26t%3D10%26cT%3Dhttp%253A\/\/bizjournals.com%26l%3Dhttp%253A\/\/online.wsj.com\/articles\/calpers-rethinks-its-risky-investments-1407710758\" target=\"_blank\">according to the Wall Street Journal.<\/a><\/p>\n<p>Such reductions could mean a subsequent cut to \u201cexternal managers who are paid millions\u201d to invest for the\u00a0<a class=\"ct saveLink\" style=\"color: #334e91;\" href=\"http:\/\/pubads.g.doubleclick.net\/pagead\/adview?ai=Bznctgy3qU-u8OJKA-gOukoKIDYnny7oFAAAAEAEgqZbaHzgAWJmX6YiuAWDJ9reH3KOUEbIBE3d3dy5iaXpqb3VybmFscy5jb226AQlnZnBfaW1hZ2XIAQnaAWhodHRwOi8vd3d3LmJpempvdXJuYWxzLmNvbS9zYWNyYW1lbnRvL25ld3MvMjAxNC8wOC8xMS9jYWxwZXJzLWNvbnNpZGVycy1jdXR0aW5nLWJhY2stb24tY29tbW9kaXRpZXMuaHRtbJgC6IQBwAIC4AIA6gIYLzQ2MzUvYnpqLnNhY3JhbWVudG8vb29w-AKE0h6QA-ADmAPgA6gDAeAEAZIFCwgHEAEYASDBmegYkgULCAcQARgBIJmd6hiSBQsIBxABGAEgib3qGKAGIA&amp;sigh=UczuK7R9bIw&amp;adurl=http:\/\/pagead2.googlesyndication.com\/pagead\/imgad?id=CICAgKCNn-yIxgEQARgBMggPKtH7CIiUnA%26t%3D10%26cT%3Dhttp%253A\/\/bizjournals.com%26l%3Dhttp%253A\/\/www.bizjournals.com\/profiles\/company\/us\/ca\/sacramento\/california_public_employees%252527_retirement_system\/21835\">California Public Employees&#8217; Retirement System<\/a>, the Wall Street Journal reported.<\/p>\n<p>The moves, though not confirmed by Sacramento-based CalPERS, would appear consistent with the fund&#8217;s recent pattern of reducing risk by moving away from some higher performance investments. In May, the fund\u2019s investment committee\u00a0<a style=\"color: #334e91;\" href=\"http:\/\/pubads.g.doubleclick.net\/pagead\/adview?ai=Bznctgy3qU-u8OJKA-gOukoKIDYnny7oFAAAAEAEgqZbaHzgAWJmX6YiuAWDJ9reH3KOUEbIBE3d3dy5iaXpqb3VybmFscy5jb226AQlnZnBfaW1hZ2XIAQnaAWhodHRwOi8vd3d3LmJpempvdXJuYWxzLmNvbS9zYWNyYW1lbnRvL25ld3MvMjAxNC8wOC8xMS9jYWxwZXJzLWNvbnNpZGVycy1jdXR0aW5nLWJhY2stb24tY29tbW9kaXRpZXMuaHRtbJgC6IQBwAIC4AIA6gIYLzQ2MzUvYnpqLnNhY3JhbWVudG8vb29w-AKE0h6QA-ADmAPgA6gDAeAEAZIFCwgHEAEYASDBmegYkgULCAcQARgBIJmd6hiSBQsIBxABGAEgib3qGKAGIA&amp;sigh=UczuK7R9bIw&amp;adurl=http:\/\/pagead2.googlesyndication.com\/pagead\/imgad?id=CICAgKCNn-yIxgEQARgBMggPKtH7CIiUnA%26t%3D10%26cT%3Dhttp%253A\/\/bizjournals.com%26l%3Dhttp%253A\/\/www.bizjournals.com\/sacramento\/news\/2014\/05\/21\/calpers-adjusts-investments-to-reduce-risk.html%253Fpage%253Dall\">moved some investments<\/a>\u00a0out of private and global equities.<\/p>\n<p><a href=\"http:\/\/www.bizjournals.com\/sacramento\/news\/2014\/08\/11\/calpers-considers-cutting-back-on-commodities.html\">Read Complete Story<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bizjournal.com &#8211; The nation\u2019s largest public pension fund is considering dramatically reducing or even dropping investments in commodities, hedge funds, and some $55 billion worth of individual company stocks,\u00a0according to the Wall Street Journal. Such reductions could mean a subsequent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-43515","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=43515"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43515\/revisions"}],"predecessor-version":[{"id":43516,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43515\/revisions\/43516"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=43515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=43515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=43515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}