Committee hears quarterly portfolio update showing strong multi‑year returns despite recent tech pullbacks
Glynn County’s pension portfolio was reported at about $165 million in total value (cash $2.5M; bonds $37M; equities ~$125M) with a one-year and multi-year performance that places the plan in a top percentile versus peers; presenter cautioned about volatility in AI-related large-cap stocks.
The full story
The pension committee received an investment report showing the plan has roughly $2,500,000 in cash, $37,000,000 in bonds and about $125,000,000 in equity holdings, for a balanced portfolio near $165,000,000.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in