TITLE

CalPERS Auctions Rights To $65 Bil of Equities

AUTHOR(S)
Santini, Laura
PUB. DATE
March 2004
SOURCE
Investment Dealers' Digest;3/15/2004, Vol. 70 Issue 11, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the California Public Employees' Retirement System (CalPERS) auctioned off the securities lending rights of its equity assets. Fee received by CalPERS that can offset custody costs and boost the fund's overall return; Details of the CalPERS deal; Requirements when auctioning entities.
ACCESSION #
12534691

 

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