For investors, his exit comes as the decades-long bull market in bonds, which fueled his success, is waning.

Pension trustees cite loss of productivity and financial value for companies allowing a culture that contributes to harassment.

CalPERS is Russia's 10th-largest foreign creditor, behind other investors such as BlackRock.

As organizations face increasing pressure to divest from gun, oil, and other stocks, two pension managers say no.

The largest U.S. pension fund is considering more than doubling its bond allocation to reduce risk.

How the California Public Employees Retirement System, the largest U.S. pension, is seeking to reduce fees.

The largest pension system in the U.S. faces a wave of retiring baby boomers with lengthening life expectancy.