Pensions
Episcopal Church Pension Fund’s Asset Value Rises to $17.5B in 2023
The fund’s portfolio also surpassed its benchmark with 10-year annualized returns of 7.3%.
The fund’s portfolio also surpassed its benchmark with 10-year annualized returns of 7.3%.
Roger Sayler is retiring after nine years with the Episcopal Church’s investment manager.
$13.5 billion fund has $2.7 billion in commitments to limited partnerships.
Group says practice of moving from defined benefit to defined contribution plans is not done for the benefit of employees.