The Ticker
CalPERS gains 13% on real estate assets
1/21/13 10:50am
The California Public Employees’ Retirement System earned a 13.3% return on its investments for the 2012 calendar year, up from the 1.1% return it saw in calendar 2011.
The pension fund’s 13.3% return for the 2012 calendar year was led by global stocks and real assets. Public stocks earned a 17.2% gain while real estate assets saw a 12.8% return.
