CalPERS Pre-empts Asset Allocation

The desire for more “repeatable, predictable and scalable” returns stipulated in CalPERS’ new mantra can only be fed with an investment philosophy rooted in systems that accentuate the renewable value of asset classes. Meaning CalPERS ought not to tap into a more in-depth optimization of hindsight to expect to create new values to drive returns of foresight. Instead, it must adopt techniques to drive renewable economics.

Such is my response to an article posted today in Pensions & Investment titled “CalPERS pre-empts asset allocation review with benchmark discussion,” as the lead into my recent article on CalPERS’ allocation strategy titled “CalPERS change, a new schtick or a new stick.”

Let’s lead the world by example with new rigors of excellence we first and successfully apply to ourselves.

Click to access the login or register cheese