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Real Estate Stands Out As Bright Spot Amid Volatility at Largest US Public Pension Funds

Investments for California Workers’ Retirements Post Worst Returns Since 2009
The California Public Employees’ Retirement System oversees investments that totaled $440 billion as of June 30. (CoStar)
The California Public Employees’ Retirement System oversees investments that totaled $440 billion as of June 30. (CoStar)
CoStar News
August 4, 2022 | 11:28 P.M.

The largest U.S. public pension funds are reporting negative returns, dragged down by falling stocks and bonds for fiscal years that ended on June 30. Real estate investments, however, have made up some of the losses.

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