US - The California State Teachers' Retirement System (CalSTRS) and the California Public Employees' Retirement System (CalPERS) have posted bumper investment returns for the 2006-07 fiscal year.
CalPERS earned an estimated 19.1% return on investments for the 12 months that ended 30 June 2007 - the highest gain in nearly a decade, and brought its size to US$247.7bn. The percentage gain mo...
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