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PERS investment update: fund valued at $35.3 billion, fiscal YTD up 5.11%; fees called out

Public Employees Retirement System of Mississippi Board of Trustees · October 23, 2024
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Summary

Trustees heard an investment committee update reporting total fund assets of $35.3 billion as of Sept. 30, 2024, fiscal year-to-date performance up 5.11%, notable fixed-income manager returns, and total investment fees of about $105 million (≈0.31% of portfolio); the board approved the investment report and related trades.

Trustees of the Public Employees Retirement System of Mississippi received the investment committee’s quarterly update on Oct. 23, which showed the total fund at $35.3 billion as of Sept. 30, 2024, and fiscal year-to-date performance of 5.11%.

Dr. McCoy, delivering the committee report, highlighted strong returns from…

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