Investments News & Events

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

Challenging global public markets, strong private market returns lead to varied performance.

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.

“We’ve done a lot of work in recent years to plan and prepare for difficult conditions,” said CalPERS Chief Executive Officer Marcie Frost. “Despite the market conditions and their impact on our returns, we’re focused on long-term performance and our members can be confident that their retirement is safe and secure.”

Read the full news release on our website.