Corporate
Sep. 26, 2014
As it exits hedge fund investing, Calpers ups position in real estate
Speculation is mounting that the California Public Employees' Retirement System may be looking to increase its investments in real estate, a strategy that experts say would afford the portfolio more long-term stability.
Daily Journal Staff Writer
After announcing its decision to shed the entirety of its $4 billion position in hedge funds last week, speculation is mounting that the California Public Employees' Retirement System may be looking to increase its investments in real estate, a strategy that experts say would afford the portfolio of the nation's largest public pension fund a greater degree of long-term stability given current marke...
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