CalPERS posted another huge increase in its investments which grew by 16.2% in 2013. That's more than the 12.5% CalPERS reported in July 2013 and the 13.3%it earned in 2012. CalPERS has continued to grow its assets since 2011 when a 20.7% return prompted CalPERS to declare "We are back." According the the Sacramento Bee, "the latest investment performance by CalPERS last year was the best since 2003."
