The GOP challenger says the would ban investments in expensive private-equity and hedge funds.

The Center for Retirement Research look at the question of how plans perform relative to benchmarks and fees.

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

At first blush, it's an odd pairing: The quant shop follows trends in hard-to-trade assets from European power to cryptocurrencies.