Tag: alternative investments
In fiscal year 2022, state and local pension plans have seen the decline in the stock market erase much of the gains from 2021. And, recent media reports by Pensions and Investments, The Wall Street Journal, and others have suggested that alternative investments are one reason why reported returns don’t look even worse. But hav…
Fiscal year 2022 was a difficult one for state and local pension plans, with the decline in the stock market erasing much of the gains from 2021. And, recent media reports by Pensions and Investments, the Wall Street Journal, and others have suggested that alternative investments are one reason why reported returns don’t look worse.S…