
Asset Allocation
Public Equities Drag Orange County Pension Investments 7.8% Lower in 2022
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
Higher interest rates lowered liabilities, as average asset losses reach 21% for the fiscal year, a Russell Investments study shows.