PERSI down after poor returns

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US - The Idaho Public Employee Retirement System (PERSI) ended the fiscal year at US$10.9bn having dropped -4.2% in 12 months.

Bob Maynard, CIO, PERSI, cited a 'terrible June' which helped to wipe off $490m over the year. Maynard said: "It could have been worse in that PERSI once again substantially outperformed its pol...

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