1. Calpers Diversity Push Blends Social-Investing Camps

    Calpers Diversity Push Blends Social-Investing Camps

    (Bloomberg Opinion) -- The California Public Employees’ Retirement System is after the new holy grail of investing: Doing well by doing good. Calpers, the largest U.S. pension fund with roughly $360 billion in assets, sponsored a proposal at casino operator Red Rock Resorts Inc.’s annual meeting last week requiring that board nominees running unopposed receive approval from a majority of shareholders...

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