Calpers reports a 6.1% loss in its fiscal year

The fund said the California Public Employees’ Retirement System returned negative 6.1% for the year ended June 30, the fund said Wednesday.

The loss at the nation’s largest pension fund reflects the dismal investment climate for institutional and household savers over the past 12 months. This is also bad news for other pension funds across the country, whose portfolios tend to shift in sync.

Source link


News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button