Pensions
US Public Pension Funds Achieved 1-Year Returns of 9.7% in Q2
The top 5% of performing funds returned just below 13%, according to Nasdaq eVestment’s CIO Quarterly.
The 2.2% investment performance did not seem to matter, although a Nasdaq eVestment report shows that the outflows were concentrated in a few large funds.
A thumbs-up for long-short and market neutral, and down for ESG and crypto, says Agecroft Partners.
February, a bellwether month for the asset class, did not bring any relief, a Nasdaq eVestment study finds.