Newsback - Calpers posts 2.7 pct loss amid stock weakness

Calpers posts 2.7 pct loss amid stock weakness

by BackBiz (Posted 07-18-2008 08:54 PM) [View Discussion | Join Discussion | Rate Thread ]

SAN FRANCISCO (Reuters) - Calpers, the biggest U.S. pension fund, posted a 2.4 percent loss in its June-ended fiscal year, fueled by a 10.7 percent decline in the value of its stock...

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