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The California Public Employees’ Retirement System (CalPERS) today reported that costs for its investment operations have declined by approximately $80 million for the two-fiscal-year period from 2011-2013. CalPERS also reported that it was found to be "cost-advantaged" in a CEM Benchmarking (CEM) survey, when measured against its peers.

15 April 2014, by Next Finance

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