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Calpers Notches 14.8% Return in Fiscal 2026, Driven By Stocks

Investor Sentiment & PositioningPrivate Markets & VentureCompany Fundamentals

California Public Employees’ Retirement System (CalPERS) reported a 14.8% gain for its latest fiscal year, driven by strong performance in stocks and private equity. The result suggests risk-on positioning within the portfolio and supports the case for continued strength across public and private markets, though it’s not a direct single-stock catalyst.

Analysis

California Public Employees’ Retirement System (CalPERS) reported a 14.8% gain for its latest fiscal year, driven by strong performance in stocks and private equity. The result suggests risk-on positioning within the portfolio and supports the case for continued strength across public and private markets, though it’s not a direct single-stock catalyst.

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