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CalPERS assets down 6% in Q1

Global Pensions | 15 Apr 2009 | 01:00 | secure

Raquel Pichardo-Allison

US - CalPERS assets under management dipped 6.4% to $171.6bn in the first quarter of 2009 on the back of weak equity returns and write downs in the pension fund's real estate and private equity investments.

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