
Asset Management Culture
Feuding New Mexico PERA Trustees to Create Oversight Committee
The new panel will seek to bring order to a board riven by accusations and walkouts among members in a ‘toxic’ work environment.
The state retirement fund is injecting $55 million to pay down liabilities, while also changing COLAs and increasing contributions.
Plan aims to eliminate the state retirement system’s $6.6 billion unfunded liability.
Alternatives, US stocks, and bonds help fund value achieve new ‘high water mark.’
CIO Vince Smith discusses how the council is insulating its portfolio against near-term market fluctuations.
As Santa Fe expands city turf, it co-sponsors supportive resolution.
Despite double-digit returns, the systems aren’t out of the woods yet.