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PERS reports 10.8% fiscal‑year return, updates investment policy and hears small‑cap manager presentations
Summary
The PERS investment committee reported an approximate 10.8% return for the fiscal year ending June 30, 2024, presented 10‑year capital market assumptions and recommended revisions to the system's investment policy statement, which the board approved.
The Public Employees Retirement System of Mississippi's Investment Committee presented a market and performance update at the Aug. 28 board meeting, reporting an approximate 10.8% return for the fiscal year ending June 30, 2024, and asking the board to approve revisions to the system's investment policy.
Dr. McCoy, speaking for the Investment Committee, said the committee…
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