CalPERS reports preliminary 21.3% investment returns for fiscal year 2020-21
CalPERS reported a preliminary 21.3% net return on investments for the 12-month period that ended June 30, 2021. CalPERS assets at the end of the fiscal year stood at more than $469 billion. The preliminary 21.3% return lagged behind the fiscal year total fund benchmark of 21.7%. Under the Funding …continue reading