How Calpers Plans to Increase In-House Management

The video discusses CalPERS' asset management strategies, focusing on internal management of public assets and challenges in private asset classes. It highlights governance and talent acquisition issues, comparing U.S. pension plans with Canadian models. The video explores alternative structures for asset management and outlines future goals for increasing in-house management while maintaining cost efficiency and talent performance.

What percentage of the CalPERS portfolio is managed internally?

• 50%

• 100%

• 70%

• 90%

Which asset classes are primarily managed internally by CalPERS?

• Stocks and bonds

• Cryptocurrencies

• Real estate and private equity

• Commodities and derivatives

What is a major challenge for U.S. pension plans in managing private asset classes internally?

• Insufficient technology

• Governance and compensation limitations

• High taxation

• Lack of interest

How have Canadian pension plans successfully managed private asset classes?

• Through government legislation and governance changes

• By outsourcing all management

• By reducing investment in private assets

• By focusing only on local markets

What is one proposed solution for CalPERS to increase internal management of assets?

• Reducing the number of external managers

• Investing in a private operating company

• Increasing the number of offices in the U.S.

• Focusing solely on public asset classes