The California State Teachers’ Retirement System posted strong returns for the six-month period ended December 31, a new plan document shows.  

CalSTRS, which had a total of $254.1 billion invested as of December 31, returned 18.4 percent over the one-year time period, beating its benchmark by just under one percentage point. 

CalSTRS’s consultant Meketa Investment Group said in its semi-annual report on the retirement system’s performance that “the U.S. equity market continued to ‘melt-up’ to higher and higher hig

Read more: https://www.institutionalinvestor.com/article/b1kl7njr4zyljc/CalSTRS-Beats-Benchmark-Thanks-to-Strong-Equity-Returns