Gains 0.88% after registering first loss in nearly three years during Q1.
Returns surpass 7% rate assumption, but fall short of last year’s 12.95%.
For a change, the small-stock S&P 600 outpaced its large-cap sibling, with healthcare a big plus.
Pensions returned 0.37% during Q1, despite Canadian equities falling 3%.
De-risking measures prep for possible market shock.
Europe seeing recovery, while China presents risk, opportunity.
MSCI EM Index currently at 28.3% returns in 2017.
Plan earns $851 million in fiscal 2017.
Pew report says states are paying billions of dollars in unreported fees.