Pensions
Iowa PERS Announces 5.41% Return for Fiscal 2023, Exceeding Benchmark
The fund grew to $41.13 billion, a $1 billion increase over the last fiscal year.
Tag: Iowa PERS
Asset Allocation
IPERS Reallocates Portfolio and Portfolio Agenda
The reallocation sees the fund increasing its overall investment in private equity by 400 basis points.
Manager Selection
Iowa State Employees’ Pension Names New CIO
Sriram Lakshminarayanan replaces Karl Koch as the head of Iowa PERS’ $43.3 billion portfolio.
Newsmakers
Ken Fisher’s Lewd Comments Cost Him a Big Client
The State of Michigan Retirement Fund has severed ties with billionaire asset manager’s firm, yanking $600 million investment.
Private Equity Steers Iowa PERS to 8.35% Return
Fund beats 2018 performance and assumed rate, but just misses benchmark.
Research
Despite Good Returns, Iowa Public Pension’s Unfunded Liability Likely to Grow Slightly
Lack of contributions are the problem for IPERS, critic says.