US - Total assets at the California Public Employees' Retirement System returned to US$200bn yesterday, a $40bn increase from its March lows, the pension fund said.
Chief investment officer Joseph Dear said: "We are seeing some strong signs of economic growth that are having a positive impact on the value of our portfolio. While we are still cautiously optimis...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date