Calpers, the largest pension fund in the US, earned a 13.5% return on investments in 2004, adding $21.5bn (€31bn) to reach record assets under management of $182.9bn.
It was the second consecutive year of double-digit returns for the fund.
Calpers soars to $182.9bn
Calpers, the largest pension fund in the US, earned a 13.5% return on investments in 2004, adding $21.5bn (€31bn) to reach record assets under management of $182.9bn.
It was the second consecutive year of double-digit returns for the fund.
