CalPERS CEO Marcie Frost says the nation's largest pension fund has added more inflation hedge

Marcie Frost, CEO of CalPERS, speaks during the Milken Institute's 22nd annual Global Conference in Beverly Hills, California, April 29, 2019.
Mike Blake | Reuters

Marcie Frost, CEO of the nation's largest pension fund CalPERS, said its portfolio has added more investments to protect against surging prices, including real assets.