Thoughts on the WSJ CALPERS story

Joe Terranova
Within the past 24 hours, The Wall Street Journal reported that the nearly $290 billion California Public Employees’ Retirement System (CALPERS) portfolio will reduce its exposure to hedge funds (alternatives) by 40%.

Revisiting My Nine Investment Themes

Joe Terranova
What is Joe Terranova’s current view of nine investment themes he favored in December 2013?

Calendar Q2 Earnings Update

Joe Terranova
S&P 500 CQ2 earnings from 82 companies to date, plus YTD M&A activity– Joe Terranova runs through the numbers.

All-Star Week Lineup

Joe Terranova
Joe Terranova runs through his “All-Star” lineup of what’s ahead for the capital markets this week.

Positive Returns Continue for EM Debt

Streak of positive returns continues in June for emerging markets debt – Newfleet reviews the data.

Past performance is not a guarantee of future results.

Virtus Investment Partners provides this communication as a matter of general information. The opinions stated herein are those of the author and not necessarily the opinions of Virtus, its affiliates or its subadvisers. Portfolio managers at Virtus make investment decisions in accordance with specific client guidelines and restrictions. As a result, client accounts may differ in strategy and composition from the information presented herein. Any facts and statistics quoted are from sources believed to be reliable, but they may be incomplete or condensed and we do not guarantee their accuracy. This communication is not an offer or solicitation to purchase or sell any security, and it is not a research report. Individuals should consult with a qualified financial professional before making any investment decisions.