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.
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CalPERs has had an active past few years, indeed. In 2014, after putting to bed a
