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CalPERS Announces Preliminary Net Investment Return of -6.1% for the 2021-22 Fiscal Year

Tumultuous global markets played a role in CalPERS’ first loss since the global financial crisis of 2009, as the System today announced a preliminary -6.1% net return on investments for the 12-month period that ended June 30, 2022. Assets stood at $440 billion at the end of the fiscal year.