• Top Pension Fund Faces Fresh Scrutiny After Independent Probe Alleges Secrecy, Weak Returns And Oversight Gaps

    The California Public Employees’ Retirement System (CalPERS), the nation’s largest public pension fund, has been hampered by secrecy, chronic underperformance, understated investment costs and potential conflicts of interest.The report, released Thursday, was commissioned by the Retired Public Employees Association of California, a nonprofit advocacy group whose members include beneficiaries of the roughly $630 billion pension fund. The organization hired former Securities and Exchange Commission attorney and forensic pension investigator Edward Siedle after unsuccessful efforts to persuade California lawmakers to authorize an audit of CalPERS and establish an independent inspector general to oversee the system, according to NBC News.CalPERS serves approximately…

  • Buybacks, insider activity and capital moves

    IN THE five trading sessions to the May 14 close, 16 primary-listed companies conducted buybacks with a total consideration of S$42 million. Over the same period, more than 120 director…

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Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

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  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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