The net investment returns mark the second straight calendar year of double-digit gains for the public pension fund. MOSERS investments have generated $2.9 billion since the fund’s low point in March 2009, for a cumulative return since then of nearly 50%, according to a press release.
In 2010, the fund’s public equity program returned 16.5%, the public debt portfolio returned 11.4%, and alternative investments returned 19.6%.
The system generated a 14.3% return for the fiscal year ended June 30, 2010 (see MOSERS Enjoys 14.3% Fiscal Year Return).MOSERS is a statewide public pension fund providing retirement, life insurance, and long-term disability benefits for approximately 100,000 state employees, retirees, and beneficiaries.
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