California public pension fund to reduce real estate exposure

Discussion in 'North America Real Estate' started by Nicholas Wallwork, Jul 1, 2015.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    The California Public Employees Retirement System (Calpers), which is the largest US pension fund, has announced plans to reduce its real estate exposure by up to $3 billion. This move is part of an ongoing cost reduction programme which will see the pension fund reduce the number of outside advisers from 200 down to 100 [...]

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  2. roysoni

    roysoni New Member

    The California Public Employees Retirement System is so good and easy.
     
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