US - The Arizona State Retirement System (ASRS) reported a 17.8% annual return for the fiscal year ending 30 June 2007.
The system's assets stood at US$28.5bn, having grown by $4bn over the year, and was 86.4% funded. Michael Townsend, board chairman, ASRS, said: "Our members can be confident that the ASRS is poi...
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