Nation’s largest public pension fund plagued by secrecy and underperformance, probe finds

An independent investigation into the nation’s largest public pension, the California Public Employees’ Retirement System, concluded that its 2.4 million members are imperiled by secrecy, chronic underperformance, understated investment costs and conflicts of interest. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The report was commissioned last year…

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‘Trump asked me to come’

Nvidia CEO Jensen Huang said that U.S. President Donald Trump “asked me to come” to the China summit in Beijing, when asked by reporters about his trip. Huang was a later addition to the high-stakes trip on Tuesday, after his name was noticably absent from a list of executives making the trip, shared by a…

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