Market Extra: America’s biggest pension fund CalPERS votes to reshuffle allocations, add leverage, in bid to combat low returns

The board of the California Public Employees' Retirement System, which manages about $500 billion in assets, will change its asset allocations and add leverage, expecting not to earn as much in the future.

source http://www.marketwatch.com/news/story.asp?guid=%7B20C05575-04D4-B545-7783-1E91A9B5EBB8%7D&siteid=rss&rss=1