$260 Billion: CalPERS Nears A Record Value In Assets

2008 might have dealt a huge blow to CalPERS, the country's largest public pension, but it is back now, with quite a bang. It is all set to top $260 billion in assets, which would be an all-time high. (Source)

There are two pointers that would help us digest this stat: half of this money is invested in publicly traded equities, and the second pointer, is that the 100 largest public pensions have an asset base of some $2.8 trillion.

Huge numbers, these.