Aug 22nd, 2023

CalPERS CIO Is Focused on a 6.8% Rate of Return

After suffering its biggest loss in a decade in 2022, CalPERS Chief Investment Officer Nicole Musicco says she is focused on hitting her target rate of return of 6.8% over 20 years. This episode of "Bloomberg Wealth with David Rubenstein" was recorded August 8th in New York.