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Wilshire Lowers CalPERS' 10-Year Return Estimates for Stocks, Private Equity
Pensions & Investments 
Aug. 19, 2013 "The estimated returns for the quarter ended June 30 from consultant Wilshire Associates lower the expected return from U.S. stocks to 7.25% from 7.75%; global stocks, to 7.5% from 8%; and private equity, to 10.45% from 10.75%. Wilshire made its previous estimates for the quarter ended March 31. Public and private equity combined makes up about 65% of CalPERS' portfolio, but 90% of the risk[.]" MORE >> |
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