The CalPERS board signaled its desire to adopt a more aggressive asset...

The CalPERS board signaled its desire to adopt a more aggressive asset allocation. At an asset-liability workshop where board members weighed the importance of six "decision factors,” the consensus was for a more equity-oriented portfolio, including domestic and international equities, real estate and alternatives. Staff for the $136 billion California Public Employees’ Retirement System, Sacramento, will return with possible asset allocation scenarios for the September or October investment committee meeting. The fund’s current target asset mix is 39% domestic equity, 28% fixed-income, 19% international equity, 8% real estate and 6% alternatives.