The California Public Employees’ Retirement System (Calpers) has reported a 9.3% gain for its fiscal year 2024, driven primarily by strong performances in public equity and private debt investments. This positive return highlights the effectiveness of Calpers’ diversified investment strategy, which focuses on balancing risk and reward to achieve robust financial outcomes for its beneficiaries.
These gains underscore the resilience of Calpers’ portfolio amidst volatile market conditions. By maintaining a well-diversified portfolio, Calpers has been able to navigate market fluctuations and secure steady returns. This strategy not only protects the fund from severe downturns but also capitalizes on growth opportunities in various sectors, demonstrating the fund’s adept management.
Looking forward, Calpers continues to focus on sustainable and long-term growth to ensure financial security for its members. The pension fund’s commitment to responsible investing and prudent financial management aims to provide stable and reliable benefits to California’s public employees, ensuring their financial well-being in retirement.