Glock Talk - View Single Post - Report has public pension short fall at $4.6 trillion

CAcop · 01-04-2013, 20:46

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.

01-04-2013, 20:46	#21
CAcop Senior Member Join Date: Jul 2002 Location: California Posts: 18,367	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. __________________ I wonder if your assessment of "The Wizard of Oz" would sound something like "A teenaged orphan runs away with three psychotic AD/HD patients and a little dog. She kills the first two women she meets." --Sinecure 07/03/2006 Freakin' awsome!! Kickin it old school. Hot sheet on the dash. The report was probably only two sentences. Long live Rencko and Bobbie Hill!--WhiskeyT