CIO Announces Innovation Award Finalists for Dec. 7 Gala | Chief Investment Officer
It’s time to celebrate those who have survived, flourished, and led the way.
Source: ai-cio.com
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OPERS funds exceed expected rates of return for 2020
The last three months of 2020 were "great" for Ohio's largest public pension system. Investments for both the defined benefit and health care funds soared — reversing losses from the coronavirus pandemic and putting the Ohio Public Employees Retirement System back on track. The main retirement returned 11.35% when the target rate was 7.2%, according to preliminary 2020 numbers from OPERS. The health care fund's rate of return was 10.91% when it needed 6%. "It was a good year, let’s put it that way, considering how it started," OPERS Chief Investment Officer Paul Greff said during a...
Source: dispatch.com