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Sovereign Wealth Funds Briefing - Categorized | Financials

Calpers, Calstrs Report 18% Gain on Investment for Year Ended June 30

Posted on 15 July 2014

The nation’s two biggest pension funds reported investment gains of at least 18% for the fiscal year ending June 30, bolstering their coffers even as they continue to battle persistent shortfalls.
The two California funds, California Public Employees’ Retirement System and the California State Teachers’ Retirement System, benefited from a stock-market surge as their investments in domestic and international equities notched returns of nearly 25%—higher than internal goals set by both funds. ……………………………………….Full Article: Source


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