Pensions
Iowa PERS Announces 5.41% Return for Fiscal 2023, Exceeding Benchmark
The fund grew to $41.13 billion, a $1 billion increase over the last fiscal year.
The fund grew to $41.13 billion, a $1 billion increase over the last fiscal year.
The reallocation sees the fund increasing its overall investment in private equity by 400 basis points.
Asset value of trust fund falls by more than $2.7 billion to end the year with just over $40.1 billion.