CalPERS To Review Active Management Strategy

CalPERS’s investment committee is set to review its investment beliefs, including active equity management strategy. California Public Employees’ Retirement System’s investment committee members will try achieving a consensus on whether active equity management offers better returns as opposed to passive index strategies, after taking into account the fees. Over 50 percent deployed in passive strategies The largest pension fund in the U.S, CalPERS, has deployed over half of its $259.8 billion assets in passive management strategies. The pension fund’s committee is scheduled to meet Monday to validate its investment beliefs, besides taking a view on active management strategies’ superiority over…