The $1.5 billion Atlanta Police Officers' Pension Fund returned a net 33.1% for the fiscal year ended June 30, above its policy benchmark of 33%.
For the three, five and 10 years ended June 30, the police officers' fund returned an annualized 12.9%, 12.4% and 9.7%, respectively, compared to the respective benchmarks of 13.1%, 12.4% and 10.2%.
The police officers' fund returned a net 2.7% for the fiscal year ended June 30, 2020.
For the most recent fiscal year, the top performer among the police officers' fund's asset classes was domestic equities with a net return of 47.1%, below its benchmark of 48.8%, followed by international equities at a net 43.6%, which was well above its benchmark of 33.9%.
Lastly, the $925 million Atlanta Firefighters' Pension Fund reported a net return of 32.9% for the fiscal year ended June 30, equal to its benchmark.
For the three, five and 10 years ended June 30, the firefighters' fund returned an annualized net 12.7%, 12.2% and 9.5%, respectively, compared to the respective benchmarks of 12.6%, 12.1% and 10.2%.
For the fiscal year ended June 30, 2020, the firefighters' fund had returned a net 3.1%.
The best-performing asset class for the most recent fiscal year was domestic small-cap equities, which returned a net 54.7% for the year ended June 30, below its 62% benchmark, followed by domestic midcap equities at 53.3%, slightly above its 53.2% benchmark.
As of June 30, the general employees' pension fund's actual allocation was 47.9% domestic equities, 29.8% international equities, 14.7% fixed income, 4.2% other, 2.3% real assets and 1.1% private equity.
The police officers' pension fund's actual allocation was 60.4% domestic equities, 18.6% fixed income, 17.2% international equities, 2.2% other, 1.3% private equity and 0.3% real assets.
Finally, also as of June 30, the firefighters' pension fund had an actual allocation of 60.1% domestic equities, 17.3% fixed income, 17.2% international equities, 3.2% other, 1.6% private equity and 0.6% real assets.
