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PERS reports strong long‑term returns and top‑decile peer rank in quarterly update
Summary
Investment staff told the committee PERS outperformed most peers across multi‑year horizons, reported $37.97 billion in assets as of October and a positive October investment return of about $393 million; staff highlighted strong equity returns and rebalancing opportunities in December.
Investment staff presented a market and performance update showing the Public Employees Retirement System of Mississippi has delivered strong long‑term returns and outperformed peers in many timeframes.
Staff said the fund stood near $38.0 billion as of Oct. 31, with an October investment return of roughly $393 million and net outflows of about $56 million…
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