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CalSTRS Ups Trump Media Stake Despite 'Unprecedented And World-Changing' Risks
Friday, May 16, 2025 - 2:01pm | 944In the first 100 days of 2025, as Donald Trump began his second presidential term, the stock market experienced one of its worst starts in decades, wiping out billions in investor wealth. Among those who were hurt and are now looking to play defense with investments are large pension funds. What...
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Uber, Snowflake Among Top Buys For CalSTRS In Q3 — These Big Tech Stocks Were Trimmed
Wednesday, November 23, 2022 - 7:28am | 416The California State Teachers Retirement System loaded up on shares of Uber Technologies Inc (NYSE: UBER) and Snowflake Inc (NYSE: SNOW) during the third quarter, according to SEC filings of the fund. The retirement fund loaded up on over 26,000 shares of the...
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Coal Dealt Another Heavy Blow In California
Thursday, September 3, 2015 - 10:03am | 385The bad news continued for the coal industry on Wednesday as the California Assembly passed a bill that would require the states pension funds CalPers and CalSTRS to liquidate their investments in coal companies. The two public employee pension funds manage a combined $476 billion in assets....
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Hedge Funds’ Corpus Soar in February
Monday, April 12, 2010 - 5:55pm | 116Global hedge funds are getting a major boost from pension funds and High net-worth individuals. The funds saw an inflow of $16.6 billion of fresh money in February. The global hedge fund business is now worth approximately $1.5 trillion. According to Reuters, this is its highest valuation since the...