Calpers’ return target is 6.8 %. Even junk bond indices are yielding 4.5 %. So what do you do? Add leverage and shift into private equity and debt in search of better yields.
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RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…