
Public Equities Drag Orange County Pension Investments 7.8% Lower in 2022
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
War and international tension spell increased arms spending and, thus, higher military contractor share prices.
The asset class will still provide ‘highly attractive returns,’ even if economic growth slows, says First Sentier Investors.
Despite downturn, the $684.5 billion fund’s losses were offset by an increased allocation to alts.
Treasurer John Schroder calls ESG investing a threat to democracy and individual liberty.
Common Retirement Fund reports 8.24% loss amid volatile markets, rising inflation and war.
Market slump causes $262 billion drop in U.S. public pensions’ funding levels in June.
To Britt Harris, Marcus Frampton, and Sean Bill, big forces are aligned to buoy energy costs for a while.