Arkansas Public Employees Retirement System, Little Rock, returned a gross 12.3% for the fiscal year ended June 30, below its benchmark return of 12.9%, said Carlos Borromeo, chief investment officer for the $8.3 billion pension fund, in an email.
By asset class, international equity returned 18.39%; domestic equity, 17.52%; diversified strategies, 5.51%; real assets, 3.27%; and fixed income, 3.04%.