According to the report, contributing faculty “sought to develop metrics, standards and algorithms such that they could be updated in future years and potentially translated to other industry segments.”
State Treasurer Young Boozer, who serves on the board of the employee retirement system, said the global problems are substantial but expressed confidence in the health of the state’s pension funds.
More than two fifths (43%) of pension funds and other institutional investors expect fixed income performance to deteriorate further over the next 12 months, with 13% expecting a significant decline, according to Aeon Investments.
We’re excited about market highs as much as the next investor, but, historically speaking, you cannot plan your financial future based on blips on the investment radar.
Senator Rick Scott wrote a letter to state public pension and investment plan administrators urging responsible management of investor dollars that provides a return of investment, rather than prioritizing woke ideals known as ESG principles.
When dangerous and misinformed myths and misconceptions surface in the media or in SERS’ own experience, Executive Director Richard Stensrud addresses the topic at a Board meeting and explains why they are false and misleading.