This was in the news recently: CalPERS (a giant pension fund of California state employees) is going to add risk in the form of 5% leverage. See https://www.p

This was in the news recently: CalPERS (a giant pension fund of California state employees) is going to add risk in the form of 5% leverage. See https://www.pionline.com/pension-funds/calpers-adds-5-leverage-entire-portfolio https://www.pionline.com/pension-funds/calpers-adds-5-levera...