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MAI Capital reports pension portfolio roughly flat in Q1; assets down about 4% since year-end
Summary
MAI Capital Management told the Fayetteville Policeman Pension and Relief Fund Board of Trustees that long-term returns remain positive despite recent market volatility; first-quarter 2025 performance was roughly flat and the fund’s market value fell about 4% since year-end.
MAI Capital Management, the board’s investment advisor, told the Fayetteville City Policeman Pension and Relief Fund Board of Trustees on April 17 that the pension portfolio was essentially flat for the first quarter of 2025 and that market volatility in the prior three weeks had reduced the plan’s market value by roughly 4% since December.
The report matters because the pension pays monthly benefits and trustees review portfolio performance to judge whether current investment policy and withdrawals remain sustainable. MAI — formerly Garrison Asset Management, which the presenter said merged into MAI Capital in December — has managed the funds…
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