Asset Allocation
New Mexico Pension Posts Highest Returns in 36 Years
The Educational Retirement Board’s portfolio gained 28.76%, or $3.6 billion for the year.
The Educational Retirement Board’s portfolio gained 28.76%, or $3.6 billion for the year.
The investment portfolio for the state’s pension fund fell short of its benchmark by more than 2 percentage points.
Many institutional investors trip on undetected hazards, Northern Trust study says.
Plans returned 1% for quarter, 4.58% for year, says Wilshire Trust Universe Comparison Service.