^
+ Follow WILSHIRE ASSOCIATES Tag
WILSHIRE ASSOCIATES
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 385089
                    [Title] => RP gets high marks from CalPERS
                    [Summary] => 





The Philippines posted the highest rate of improvement among 27 emerging markets evaluated by the California Public Employees Retirement System (CalPERS), the United States’ biggest pension fund, Malacañang announced yesterday.


In his memorandum to President Arroyo dated Feb.1, Foreign Affairs Secretary Alberto Romulo said CalPERS’ consulting firm, Wilshire Associates, provided the Department of Foreign Affairs with an advance copy of its report on the Philippines.
[DatePublished] => 2007-02-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805432 [AuthorName] => Paolo Romero [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 319724 [Title] => CalPERS retains RP in investments portfolio [Summary] => The Philippines will stay firmly in the investment portfolio of the California Public Employees Retirement System (CalPERS), as Wilshire Associates upgraded the country’s rating this year following the reduction of the government’s budget deficit.

With over $194 billion in its investment portfolio, CalPERS is the biggest pension fund in the US, wielding significant influence even in corporate regulation and policy-making.
[DatePublished] => 2006-02-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 303399 [Title] => PSE hails scrapping of higher capital gains tax [Summary] => The Philippine Stock Exchange (PSE) hailed the Bureau of Internal Revenue’s decision to scrap the implementation of the tax measure imposing a higher capital gains tax of five percent or 10 percent on block sales or pre-negotiated transactions executed in the bourse.

At present, a capital gain tax of one-half of one percent of the stock transaction is imposed on block sales or pre-negotiated transactions.
[DatePublished] => 2005-10-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 246213 [Title] => RP makes final bid to persuade CalPERS to stay [Summary] => WASHINGTON – A Philippine delegation led by ambassador to Washington Albert del Rosario will meet in Sacramento on Thursday with investment board members of America’s largest pension fund in a final effort to persuade the fund not to withdraw its investments in Philippine stocks.

The California Public Employees Retirement System (CalPERS) will rule on April 19 whether or not to divest its estimated

$67-million stake in Philippine stocks.
[DatePublished] => 2004-04-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1415410 [AuthorName] => Jose Katigbak [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 243125 [Title] => DFA welcomes CalPERS move to defer decision on RP pullout [Summary] => The Department of Foreign Affairs has welcomed the move of the California Public Employees Retirement System (CalPERS) to defer its decision on whether or not to pull out its investments in the Philippines.

Foreign Affairs Secretary Delia Albert described the 30-day extension granted by CalPERS as an "initial victory" for the Philippines.
[DatePublished] => 2004-03-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1500820 [AuthorName] => Marvin Sy [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 201328 [Title] => CalPERS pulls out of Asean; RP fate hangs [Summary] => The US-based California Public Employees Retirement System (CalPERS) has completely liquidated some $1.1- billion worth of assets in Indonesia, Malaysia and Thailand but its investment in the Philippines still hangs on a balance as the government finalizes its report disputing the fund’s decision to classify the country as non-eligible for its investments.

CalPERS reported this week that it has completed the realignment of its investments in emerging markets where Southeast Asian countries accounted for 9.5 percent of the assets marked for liquidation.
[DatePublished] => 2003-04-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 195844 [Title] => CalPERS adviser erred in report on RP [Summary] => Wilshire Associates, the consultants hired by the US-based California Public Employees Retirement System (CalPERS), made even more errors in its annual report that recommended the removal of the Philippines from the fund’s investment portfolio.

When confronted with the errors, Wilshire raised concern about the impending counter-measures that the Philippines would be subjected to for failing to comply with the demands of the Financial Action Task Force (FATF).
[DatePublished] => 2003-02-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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