Coronavirus Fallout Infects CalPERS Equity Portfolio Causing Massive Drop
Posted on 03/23/2020
After a high-performing 2019 fiscal year, California Public Employees’ Retirement System (CalPERS) has lost US$ 69 billion in the recent coronavirus-connected market drop. The California Public Employees’ Retirement System now has US$ 335 billion under management. In a continuing trend for the industry, CalPERS may have to raise more money to make up for the […]
