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Board hears Marquette Associates review of Q4 performance; accepts report
Summary
Marquette Associates presented the retirement plan’s fourth-quarter 2024 performance, showing a Q4 net investment change of –$1.7 million and a quarter return of –1.1%; the board voted to accept the report.
Marquette Associates presented the St. Mary’s County Sheriff’s Office Retirement Plan’s fourth-quarter 2024 investment performance report and the board voted to accept the report.
Marquette Associates senior presenter (Mr. Wing) said the trust’s market value at quarter end was about $157.6 million and that Q4 produced a net investment change of roughly –$1.7 million, translating to a quarter return of –1.1% against a policy index of –1.3%. He noted that private-investment valuations were…
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