July 17, 2013 at 14:49 PM EDT
CalPERS Desperately Needs to Embrace ETFs
The investment community seems to be aflutter over the fact that the California Public Employees' Retirement System (CalPERS) posted strong returns for its most recent fiscal year and is embracing passively managed investment products. CalPERS, the $262 billion pension fund responsible for keeping public employees such as DMV workers, librarians and
Apple, Inc. Chevron Exxon Mobil International Business Machines Corp. NewStar Financial, Inc. PowerShares High Yield Rydex ETF Trust Rydex S&P Equal Weight Technology ETF SPDR S&P Dividend ETF Select Sector SPDR-Technology Vanguard Dividend Appreciation ETF Vanguard Energy ETF Vanguard High Dividend Yield ETF WisdomTree Trust Dividend Top 100 Fund
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