Latest News

CalPERS posts big year

The California Public Employees' Retirement System (CalPERS) announced on Monday that the state's investments earned an estimated 19.1 percent return for the fiscal year ending June 30 - more than double the assumed rate of return.

For the year, CalPERS total assets increased by $36.5 billion to $247.7 billion.

Some other numbers of note:

Annual returns were in double digits for the fourth straight year

The 10-year average for rate of return climbed to 9.1 percent.

The CalPERS portfolio includes 61.3 percent invested in public equity, 23.7 percent in bonds and other fixed income, 8.2 percent in real estate, 6.2 percent in private equity, and 0.6 percent in cash equivalents.

  Comments