Monday, July 23, 2007

UPDATE 1-Calpers reports 19.1 pct return, assets of $247.7 bln

(Reuters) - The Sacramento, California-based pension fund, best known
as Calpers, said in a statement that over the 12 months ended
in June its assets increased by $36.5 billion to $247.7
billion.




"This is good news for our members because these gains will
carry many Calpers plans to 100 percent full funding of our
retirement obligations as of June 30, 2007," Charles Valdes,
chair of the Calpers Investment Committee said in a statement.


Read more at Reuters.com Bonds News

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