Increasing returns through managing risk at source

The subject of corporate governance has found its way back into the financial papers over the past few years, but the topic is far from being headline news to the California Public Employees Retirement System (Calpers).

Calpers has been active in the corporate governance arena since the 1980s and today has roughly $2 billion invested in corporate governance strategies. This activist approach to equity investing significantly affects its returns and materially changes the companies’ overall

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