Oregon Public Employees generates 3.35% return
The Oregon Public Employees’ Retirement System (OPERS), with $93 billion of assets under management, posted a net return of 3.35 percent for the fiscal year ending June 30, underperforming its benchmark of 6.99 percent.
During the past three-, five- and 10-year periods, OPERS has generated net annualized returns of 11.26 percent, 8.08 percent and 8.33 percent, respectively, compared with those time periods’ respective benchmarks of 9.35 percent, 7.54 percent and 8.37 percent.
Real estate investments, which make up 14.6 percent ($13.6 billion) of OPERS’ portfolio as of June 30, yielded a return loss of 1.38 percent for the fiscal year, outperforming its benchmark of -3.91 percent. During the past three-, five- and 10-year periods, OPERS’ real estate holdings have generated net annualized returns of 11.41 percent, 8.89 percent and 9.69 percent, respectively, each outperforming their respective benchmarks of 7.46 percent, 6.56 percent and 8.25 percent.