Total assets for the Connecticut Retirement Plans and Trust Funds, Hartford, dropped 17.4% over the 12 months through June 30, to end its latest fiscal year with $20.4 billion.
Despite “the most difficult year in the history of the CRPTF,” the state fund managed to turn in a respectable relative performance, Connecticut Treasurer Denise L. Nappier, trustee for the fund, noted in a news release. According to data compiled by investment consultant Wilshire Associates, the CRPTF outperformed 65% of public pension plans with more than $1 billion in assets for the fiscal year ended June 30, and outperformed 72% for the five-year period ended June 30.
