CalPERS Defeats Custom Benchmark With 16.19 Percent Return
Posted on 01/14/2014
The California Public Employees’ Retirement System (CalPERS) issued a performance summary boasting 16.19% gain on their fund as of December 31, 2013, defeating their benchmark index by 137 basis points (bps). In the first half of 2013, the pension giant eclipsed its pre-recession high. According to the report, CalPERS’ public equity return was a big […]
