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It has cost the California Public Employees’ Retirement System about $900 million since September to reduce its exposure to stocks and private equities as the largest U.S. pension fund sought to reduce risk in its portfolio.
February 13 -
Chief investment officer says internal management gives taxpayers ‘a great deal.'
January 12 -
The California Public Employees’ Retirement System, the largest U.S. pension fund, named Marcie Frost, 51, as its new chief executive officer.
July 14