25
Jan
2012

CalSTRS reports 2.3 percent earnings on investments…

Categories: California Developments
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CalSTRS announced meager investment gains for 2011 – and repeated its plea to the Legislature for help. The California State Teachers’ Retirement System said Tuesday it earned a 2.3 percent return last year. Chaos in the markets in the last six months of 2011 erased 5 percent of the portfolio’s value, or $7.9 billion.

http://www.modbee.com/2012/01/25/2040365/calstrs-reports-23-percent-earnings.html

 

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