Robinson Discusses Calpers Funding, Investment Strategy: Video

Sept. 9 (Bloomberg) -- Bloomberg's Edward Robinson talks with Bloomberg's Mark Crumpton about eff...  More »

Sept. 9 (Bloomberg) -- Bloomberg's Edward Robinson talks with Bloomberg's Mark Crumpton about efforts by the California Public Employees' Retirement System to make up $70 billion lost in the credit wipeout of 2008 and 2009. Rather than rely on safe bets such as U.S. Treasury bonds, Calpers Chief Investment Officer Joe Dear is embracing investments in private equity, emerging nations, hedge funds and public works projects in his pursuit of market-beating profits. (Source: Bloomberg)  « Less