Public Pension Investment Update: Have Alternatives Helped or Hurt?


The brief’s key findings are:

  • In FY 2022, public pension plans experienced negative asset returns, and some say it could have been even worse without alternative investments.
  • But the real question is have alternatives (private equity, hedge funds, real estate, and commodities) helped or hurt over the long term?
  • The results suggest that, from 2001-2022, alternatives have not helped overall returns – although they may have reduced volatility.

The CRR wants to hear from our website users like you. Would be you willing to take a short survey?

Yes, take me to it.       No, thanks.      Not now, but ask me later.