CalPERS Posts 13.26% Return for 2012
Posted on 01/15/2013
The US$ 252 billion California Public Employees’ Retirement System (CalPERS) had a positive performance in 2012 of 13.26%. The 2012 annual return was slightly below the 14.43% benchmark return. 2012 private equity returns attributed to the lower return. CalPERS has an annual target rate return of 7.5% to meets its obligations; it was lowered in […]
