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Friday, Mar 29, 2024

CalPERS investment chief sees ‘no place to hide’ in the markets

Reporting from Sacramento — There doesn’t appear to be a lot of philosophical or practical daylight between Joseph A. Dear, the new chief investment officer of the country’s largest public pension fund, and the labor-oriented board that hired him. And he doesn’t see much daylight in gloomy financial markets, either. For the full story click here

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