US - New Jersey's pension investments lost 3.8% in May as world stock markets slumped.
The fund, covering benefits for about 800,000 government workers and teachers, totalled US$67.6bn on May 28, down from US$68.9bn at the end of April, according to a report by the state's investment...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
