Personal Finance Advice and Commentary

Friday, September 30, 2011 3:02 pm
By Sheyna Steiner · Bankrate.com

The chief investment officer at the California Public Employees’ Retirement System spoke to Bloomberg TV on Wednesday. Joe Dear, Calpers’ CIO, says meeting their target return this year will be tough. Over the long-term, Dear said in the Bloomberg story, “Calpers chief says 7.75 percent return (is) tough to meet,” the returns of the largest