CalPERS Up 0.61% On Year, Happy to Beat Benchmarks
The recent returns at the $302 billion California Public Employees' Retirement System (CalPERS) might seem slight at 0.61% for the twelve months ended June 30. But over a difficult market environment for investors, where the S&P 500 basically marched in place, those returns don’t seem as dismal.
A year of beating benchmarks doesn't meet asset growth goals SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.
CalPERs has had an active past few years, indeed. In 2014, after putting to bed a