Tough Year for CalPERS
Posted on 07/18/2016
The California Public Employees’ Retirement System (CalPERS) announced a preliminary net return of 0.61% for the fiscal year ended June 30, 2016, inferior compared to last year’s return of 2.4%. This is CalPERS worst performance since 2012. Similar to 2015, listed equities and private equity were asset classes that dragged performance, while infrastructure and fixed […]
