The Educational Retirement Board’s portfolio gained 28.76%, or $3.6 billion for the year.
Tag: New Mexico Educational Retirement Board
The $13.3 billion fund’s chief has very large portion of the portfolio in alts, as a buffer against bad times.
Alternatives, US stocks, and bonds help fund value achieve new ‘high water mark.’
Fund for state and municipal workers scrambles to find own bailout blueprint to patch up funding.
Despite double-digit returns, the systems aren’t out of the woods yet.
Capital relief trades seek attractive returns by offering banks more than economic incentives as synthetic collateralizations boom.