Calpers Reports 6.1% Loss for Its Fiscal Year


The California Public Staff’ Retirement System returned minus 6.1% for the 12 months ended June 30, the fund mentioned Wednesday.

The loss on the nation’s largest pension fund displays the dismal funding local weather for institutional and family savers alike over the previous 12 months. It’s also unhealthy information for different pension funds across the nation, whose portfolios have a tendency to maneuver in sync.


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