US â€" The California State Teachers’ Retirement System (CalSTRS) said its portfolio fell by 26.2% in the year ending 31 December â€" underperforming its custom benchmark by 70 basis points.
According to a semi-annul report to be discussed at an investment committee meeting today, CalSTRS posted annualised returns of -1.3% for the three years to 31 December – but posted a positive fi...
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