25
Jan
2012
Jan
2012
CalSTRS reports 2.3 percent earnings on investments…
Categories: California Developments
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