CalPERS Desperately Needs to Embrace ETFs
July 17, 2013 at 14:49 PM EDT
The investment community seems to be aflutter over the fact that the California Public Employees' Retirement System (CalPERS) posted strong returns for its most recent fiscal year and is embracing passively managed investment products. CalPERS, the $262 billion pension fund responsible for keeping public employees such as DMV workers, librarians and
