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Some points of comparison. - CalPERS[1] has about $360 billion in assets under management. - The US Social Security Trust fund (which, depending on your POV y
by harryh 7y ago
Some points of comparison.
- CalPERS[1] has about $360 billion in assets under management.
- The US Social Security Trust fund (which, depending on your POV you might count as an accounting fiction) is about $2.9 trillion.
- Vanguard has about $5.3 trillion in AUM.
1. California Public Employees' Retirement System
- millettjon 7y agoHow many employees does this cover? California has almost 40 million people. Norway has about 5.3 million.
- harryh 7y ago~1.6 million employees + their families for CalPERS