UPDATED: Public Funds: Is 15 Percent the Magic Benchmark for Recent Annual Returns?
Posted on 08/16/2014
For American public funds whose fiscal year ends on June 30, it appears that 15% was the benchmark return to beat. The $90.1 billion North Carolina Retirement Systems returned 15.88% for the fiscal year ended June 30, 2014. The pension investor has a target rate of return of 7.25% and is headed by North Carolina […]
- Alaska Permanent Fund Corporation
- California Public Employees' Retirement System
- Fixed Income
- Public Pension