CalSTRS Reports Second Year of Healthy Investment Returns in 2013-14
Equities fueled second year of double-digit returns West Sacramento, Calif. (PRWEB) July 14, 2014 Continued growth in the equity market, coupled with a bias to U.S. companies, fed a second year of healthy investment returns at the California State Teachers’ Retirement System (CalSTRS), which closed the 2013-14 fiscal year with an 18.66 percent return on its investments. The picture for the fiscal year July 1, 2013 to June 30, 2014 shows investment returns well above the actuarial assumed rate of 7.5 percent. On a long-term, portfolio-wide basis, CalSTRS’ returns reflect the following per
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