SFERS Posts 7.81% Return
The San Francisco retirement system has managed to beat its annual expected rate of return for the 2018-2019 fiscal year despite a volatile equity market.
The San Francisco retirement system has managed to beat its annual expected rate of return for the 2018-2019 fiscal year despite a volatile equity market.
Real return is the $76 billion plan’s best-performing asset class.
$13.5 billion fund has $2.7 billion in commitments to limited partnerships.
CIO Vince Smith discusses how the council is insulating its portfolio against near-term market fluctuations.
CalPERS investment returns of 6.7%, below its 7% target, will likely be part of the discussion this week at retreat meeting.
Despite healthy 8.67% annual return, CIO Delaney cautions not to focus on short-term results.
Pension tops 700 trillion won for first time in 31-year history.
University’s £3.4 billion fund described last year as ‘volatile and challenging.’
Funded ratio falls to 56% as portfolio has worst calendar year in a decade.
Poor returns were expected, but it sets new funding legislation in motion next week.
Pension system’s deputy CIO explains why the markets ‘bounced back.’
Verdicts come amid political criticism, current market environment.
Foreign private equities were the investment portfolio’s top-performing asset.
Private equity helps raise fund’s asset value to $210.2 billion.