CalSTRS, CalPERS bring in record returns

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US - The country's two largest pension funds brought in record returns in for the year ended 30 June 2011 with CalSTRS returning 23.1% and CalPERS, 20.7%, though officials at both pointed to concerns about the US economy going forward.

The return for the $154.3billion California State Teachers' Retirement System was the best yearly return in 25 years, while the return for the $237.5bn California Public Employees' Retirement Syste...

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