
Newsmakers
NC Treasurer Supports Proposed 2% Pension Supplement
Dale Folwell says the boost for retirees would be paid for by investment gains, not taxes.
However, Pitchbook warns that growth from alternative investments ‘could be more mirage than oasis.’
New law looks to tackle state’s $50 billion in unfunded liabilities.
Despite fee slashes, fund is not yet out of the water.
The 10th-largest US public pension fund reported solid Q2 results just last week.
Public equity outperforms, while fixed income lags behind.