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Old 01-04-2013, 20:46   #21
CAcop
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Join Date: Jul 2002
Location: California
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http://www.ai-cio.com/channel/ASSET_...rd_Assets.html

Sounds like they are changing stratagies.

The $251.5 billion California Public Employees’ Retirement System (CalPERS) gained 9.3% on its real asset portfolio, and plans to invest more next year, according its annual report for the 2011-2012 fiscal year. As of June 30, the fund’s real asset portfolio totaled $4.69 billion.

Sounds like that porfolio did better than the commodities.

http://www.bloomberg.com/news/2013-0...4-billion.html

Maybe they shouldn't have listened to some on GT about buying gold.
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