Tag: fiscal 2023

The $72.8 billion pension fund also launched a new strategic plan and hired an external derivatives manager.

LACERA outperformed its benchmark by 140 basis points to raise its portfolio’s asset value to $73.6 billion.

Strong gains from public equity investments raise the portfolio’s asset value to $65.2 billion.

But the Massachusetts state pension fund missed its benchmark’s return by nearly 300 bps.

Public equities and private debt were the top performers for the fund’s $462.8 billion portfolio.

Canadian pension giant’s net assets fall C$16 billion to C$523 billion.