CalPERS takes unnecessary risks that could cost taxpayers

CalPERS Takes Unnecessary Risks That Could Cost Taxpayers

3 weeks from now

2 days ago  · If fund managers had invested in a passive 60/40 public stock/bond index portfolio, they would have achieved a 7.7% average annual return. CalPERS also failed to beat the S&P …

reason.org

CalPERS Can’t Count On 7% Returns Without Risky Investment­s

3 weeks from now

May 6, 2021  · Whether we can even achieve 7% return without taking on excessive risk will be the major question in this year’s Asset Liability Management process. Once an investment …

pressreader.com

CalPERS Can't Count On 7% Returns Without Risky Investments

3 weeks from now

May 6, 2021  · Op-ed by Michael Cohen, CFO of CalPERS, includes “These factors lead to a similar conclusion — CalPERS can’t keep counting on a 7% return target without taking on …

truthinaccounting.org

CalPERS Gambles On Risky Investment Move - CalMatters

3 weeks from now

Jun 21, 2020  · The new scheme is an implicit admission that CalPERS can’t meet its 7% mark without increasing its exposure to the vagaries of the market. “There are only a few asset …

calmatters.org

Michael Cohen - The Mercury News

3 weeks from now

May 6, 2021  · Opinion: CalPERS can’t count on 7% returns without risky investments May 6, 2021 at 5:17 a.m. CFO explains tradeoffs as public employee pension system decides …

mercurynews.com

CALPERS Needs 7% Return - Bogleheads.org

3 weeks from now

Jun 15, 2020  · WSJ article this morning (probably firewalled) by CALPERS stating 7% return required for the next decade. To accomplish they will change strategy (sound familiar?) to …

bogleheads.org

CalPERS Says 7.5% Returns Over The Next Decade Unlikely

3 weeks from now

Last year, CalPERS announced that it would begin systematically reducing its 7.5% assumed rate of return on pension assets over a 20-year period. Earlier this week, CalPERS signaled that …

reason.org

CalPERS’ "Risky” Investment Move | California County News

3 weeks from now

Jun 24, 2020  · Still reeling from its biggest market loss since the Great Recession of 2008, the California Public Employees’ Retirement System (CalPERS) now plans to borrow up to $80 …

californiacountynews.org

CalPERS Can’t Count On 7% Returns Without Risky Investments

3 weeks from now

Op-ed by Michael Cohen, CFO of CalPERS, includes "These factors lead to a similar conclusion — CalPERS can't keep counting on a 7% return target without taking on more risk. Whether …

data-z.org

CalPERS Review Of Its Investment Strategy And Actuarial Assumptions

3 weeks from now

Apr 16, 2021  · Whether we can even achieve 7% return without taking on excessive risk will be the major question in this year’s Asset Liability Management process. Planning for future …

calmatters.org

CalPERS Takes Unnecessary Risks That Could Cost Taxpayers

3 weeks from now

Jan 13, 2025  · CalPERS also failed to beat the S&P 500, which delivered a 9.7% return over the same period. This return underperformance holds true when looking at the past 5-, 10- and 15 …

sandiegouniontribune.com

Wall Street Journal | Opinion Calpers Prepares For The Long Haul

3 weeks from now

Jun 14, 2020  · increase the probability of achieving a risk-adjusted return of 7% within the next 10 years. This will require sticking to the path regardless of short-term outcomes. This is only the …

rcrcnet.org