Maria Bartiromo's Investor Agenda
MARIA BARTIROMO'S NEWSLETTERS
MOST SHARED
- Garlic Price Rises Surpass Gold, Stocks in China
- S&P Stocks Trading at New 52-Week Highs
- New-Home Sales Jump 6.2% To Highest Level in Over Year
- Ritz-Carlton ?Struggling? in the US: President
- The Executive Job Search
- US Plans to Reduce Emissions By 17% Within Next Ten Years
- Salvation Army's Kettles Now Credit Card-Ready
- Half of Banks' Losses May Still Be Hidden: IMF Head
- Consumer Mood Improves, But Anxiety Over Personal Finances
- Where Do Pardoned Turkeys Go?
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- S&P Stocks Trading at New 52-Week Highs
- AIG, Ex-CEO Greenberg Reach Pact to Settle Disputes
- Bank of America CEO Search May Extend Into 2010
- 'Cancer of Fraud' Permeates Health Care System: Critics
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- Judge Erases Couple's $525,000 Mortgage Payment
- For Many in US, It Will Be a Scaled-Down Holiday Season
- Where Do Pardoned Turkeys Go?
- Jobless Claims Below 500,000, Durable Orders Slip
- Activision Prepares to Double Dip on ‘Modern Warfare 2’
MARIA BARTIROMO VIDEO
MARIA BARTIROMO'S NEW FREE NEWSLETTER
BUSINESSWEEK
RSS FEED
Text Size 
CNBC Senior Producer
CalPers - the largest pension fund in the U.S. is recouping losses from the financial fallout with a strategy that's boosted assets by $40 billion since its January low.
How?
On the Closing Bell, CIO Joe Dear told Maria Bartiromo that equity and fixed income remain key overweights in the pension's portfolio.
Dear said he "still believes alternative investments will work in the long term."
CalPERS assets peaked at $270 billion in 2007, only to fall to around $160 billion in January this year. CalPERS is currently sitting on $22 billion of private equity investments. When asked about distressed assets, Dear told Bartiromo "distressed assets provide a lot of opportunity."
Outside of the investment arena, Dear remains concerned on regulation. Dear told Bartiromo "not enough reform has passed." Dear said investors are forgetting about the financial fallout over the past year with big loopholes remaining in such areas as OTC derivatives. Dear told Bartiromo "individuals need protections as well as institutional investors."
All-in-all, Dear remains positive about the road ahead for the economy and market. Dear said 'cost-cutting, stimulus and super low interest rates have restored confidence."
Donna Burton contributed to this article
.
_____________________________
_____________________________
Questions? Comments? Write to
Data is a real-time snapshot *Data is delayed at least 15 minutes