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CalPERS says may broaden hunt for commods returns

Posted on 17 December 2008

From Reuters: The California Public Employee Retirement System has hired consultants to help boost returns from commodities investments, and may consider investment strategies beyond sticking to the S&P GSCI Index .SPGSCITR, a spokesman for the largest U.S. pension fund said on Tuesday.

CalPERS reported a net loss of 2.9 percent for the first year of its inflation-linked asset class which includes commodities. …. Full Article: Source


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