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Calpers may hire China’s foreign-exchange regulator as its investment chief

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An official with China’s foreign-exchange regulator is the lead candidate to become next investment chief of the largest U.S. public pension fund, according to people familiar with the matter.

 

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How about Calpers refund assets to “investors” and close up shop.

Sounds like a horrible idea

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 /  🏆 3. in JP

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