|Aug. 24, 2015
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Board Tentatively Votes to Implement Risk Reduction Strategy
The CalPERS Board of Administration conducted a workshop on Aug. 19 to examine whether to implement a long-term strategy to reduce investment volatility risk by gradually implementing a long-term rate hike, a move designed to prevent future rate hike spikes as well. The League of California Cities® participated to report on the results of a member survey on the various risk management proposals. The League’s comments are available on the League website.
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