State pension plans could do better with a greater mix of alternative investments in their portfolios, according to a report from Cliffwater LLC.
Examining investment trends and asset allocation over the last 10 years, Cliffwater, an alternative advisory firm, took particular note of asset allocation in the report.
Over a 10-year period ended June 2012, the 97 state pension plans surveyed earned an average of 6.4 percent as compared to individual pension funds, which posted returns ranging from 5 percent to 8.1 percent, according to Cliffwater.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
