As the nation's largest public pension fund with assets totaling $277.2 billion as of October 31, 2013, CalPERS investments span domestic and international markets.
The CalPERS Board of Administration has investment authority and sole fiduciary responsibility for the management of CalPERS assets. With the Board's guidance, the CalPERS Investment Committee and Investment Office carry out the daily activities of the investment program.
CalPERS has generated strong long-term returns by effectively managing investments to achieve the highest possible return at an acceptable level of risk. The CalPERS portfolio is diversified into several asset classes, so any weaknesses in one area are offset by gains in another. The Board follows a strategic asset allocation policy that targets the percentage of funds invested in each asset class.
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Review information on our asset allocation, current investment fund value, California investments, equities, fixed income, inflation-linked and real estate investment programs.
View information on CalPERS Emerging Manager Five-Year Plan, Investment Office Diversity & Inclusion initiatives, California investments, Responsible Contractor Programs, and Sustainability in Real Estate, Infrastructure and Forest Land.
The CalPERS Risk Management System helps us measure, monitor and manage investment risk.
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Learn how CalPERS captures investment opportunities and minimizes potential risks presented by climate change.
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Review annual investment reports from 2002 to the present, the Comprehensive Annual Financial Report and Facts at a Glance.
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