Can a ‘Total Portfolio Approach’ Help Grow Your 401(k)?
Big changes are coming to the country’s largest pension system. Last week, the board of the California Public Employees’ Retirement System (CalPERS) voted to fundamentally change how it manages its nearly $600 billion portfolio on behalf of California public-sector retirees. CalPERS is abandoning a traditional investment management framework that assigns fixed allocations to different asset…








