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
Become a Professional Pensions Lite Member today
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here