US - The New York State Common Retirement Fund posted a 25.9% return for fiscal year 2010, its third best performance in the past 20 years, according to a preliminary estimate from New York State comptroller Thomas DiNapoli.
DiNapoli said the result was mainly due to the strength of US and international equity markets. The fund's US equity portfolio and international equity portfolio returned 51.7% and 51.75% respectiv...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date