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Sign in Sign up for a FREE subscriptionMOLAGERS records 29.5% return
The Missouri Local Government Employees Retirement System (MOLAGERS) has logged a 29.5 percent return for the fiscal year ending June 30, according to a recent report.
The plan had a market value of $10.2 billion.
Key developments during the quarter included MOLAGERS’ commitments of $40 million to Portfolio Advisors' Real Estate Fund, a $63.95 million commitment to Avenue's Aviation Fund II Annex Fund and a $110 million commitment to a new Public U.S. Small Cap Growth Manager, Wells Fargo.
The portfolio exposure to real assets was 36 percent.
