US - The Pennsylvania State Empoyees' Retirement System (SERS) delivered an investment return of 11.4% in the first six months of 2007, and 22.2% over the 12 month period ended 30 June.
John Winchester, acting chief investment officer at SERS, said the performance placed it in among the top 5% of all large public pension funds nationwide for one, three, five and ten year periods...
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
