CalPERS Agrees to New Asset Allocation, Ups Equity Exposure to 50%
Posted on 12/18/2017
The investment committee of the California Public Employees’ Retirement System (CalPERS) voted on a new asset allocation plan. The plan will take effect on July 1, 2018 and supports a 7% annualized rate of return. The committee was debating four asset allocation options. Asset Allocation CalPERS will increase public equities from 46% to 50%, and […]
