Pennsylvania Public School Employees' Retirement System, Harrisburg, returned -3.62% in the quarter ended Sept. 30, confirmed spokeswoman Evelyn Tatkovski.
The $47.4 billion system's best-performing asset class in the quarter was TIPS at 8.63% followed by private markets, 3.94%; domestic fixed income, 2.86%; real estate, 2.76%; absolute return, 1.57%; global fixed income, -4.75%; commodities, -13.26%; domestic equities, -15.11%; and international equities, -19.33%.
The system's 12-month return as of Sept. 30 was 8.45%.
As of Sept. 30, the system's actual asset allocation was 21.5% private markets, 20.5% domestic and global fixed income combined, 12.7% international equities, 12% real estate, 11.7% absolute return, 10.8% domestic equities, 6.7% cash and cash equivalents, and 4.1% commodities.
