| From Globalpensions.com: The US$178bn California public Employees Retirement System (CalPERS) is not a sovereign wealth fund (SWF) and should not be treated as such, an influential think tank has claimed.
In a research brief issued by the Centre for Retirement Research at Boston College (CRR), the authors said while there was no single, strict definition of what constituted a SWF, there was a “lively debate” as to the status of some public pension funds, CalPERS included..... Full Article: Source
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