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CalPERS to Consider Cuts to Bond, Inflation-Linked Expected Rates of Return
Pensions & Investments June 12, 2013 "Staff members are calling for a 174-basis-point drop in fixed-income return expectations and a 305-basis-point drop for inflation-linked investments.... Another option, sources said, would be for the board to project returns over a 30- or 40-year period instead of the current 10 years, which would allow more optimistic returns assumptions." |
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