Trojan Horse LTD Jessup, MD Sep 2010 to Feb 2013 U.S Mail Hauler, Regional and OTR Tractor Trailer DriverA & N Asphalt Inc Clarkston, MI Aug 2008 to Sep 2010 Local Regional Tractor Trailer, Tri-Axle Dump and Flatbed DriverHorne Trucking Co. Inc Plymouth, MI Jun 2008 to Aug 2008 OTR Tractor Trailer DriverFFE Transportation / Conwell Corporation Lancaster, TX Apr 2008 to Jun 2008 Lease Purchase Tractor Trailer Driver (Reefer)A & N Asphalt Inc Clarkston, MI Apr 2004 to Jun 2008 Local Regional Tractor Trailer, Tri-Axle Dump and Flatbed DriverJWA Corp Warren, MI Feb 2004 to Apr 2004 Regional Tractor Trailer DriverJacobson Transportation Services Des Moines, IA Dec 2003 to Feb 2004 OTR / Regional Tractor Trailer DriverA & N Asphalt Inc Clarkston, MI Apr 2003 to Dec 2003 Local Regional Tractor Trailer, Tri-Axle Dump and Flatbed DriverRyan Transport Livonia, MI Feb 1998 to Apr 1998 Local Tractor Trailer Driver ( Auto Parts)RTS Transportation Burton, MI Sep 1997 to Jan 1998Stevens Worldwide Van Lines Inc Waterford, MI Aug 1987 to Aug 1997
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The exodus from hedge funds at Calpers follows a review of the portfolio that began in March, following the death of former chief investment officer Joseph Dear. Calpers officials began raising questions about whether hedge funds are too complicated or can effectively balance out poor-performing equ
The performance came in well below the fund's target of 1.7% growth in its $234.3-billion portfolio, said Joseph Dear, CalPERS' chief investment officer. The return for fiscal 2012 also was way below CalPERS' long-term growth strategy, which calls for a 7.5% average annual rate of return to pay for
Date: Jul 16, 2012
Category: Business
Source: Google
CalPERS, CalSTRS report big gains in investment returns
"We have not earned our way back (to) our peak," said Joseph Dear, chief investment officer at the California Public Employees' Retirement System. "CalPERS is clearly back, but we have a lot of work to do."
Chief investment officer Joseph Dear said the performance affirms the strategy and skills of our investment team. While we cant assume that well sustain this high level of earnings, we have averaged a net return on investments of 8.4 percent for 20 years.
"While we can't assume that we'll sustain this high level of earnings, we have averaged a net return on investments of 8.4 percent for 20 years," said Joseph Dear, the fund's chief investment officer.