Missouri State Employees' Retirement System, Jefferson City, returned a net 6.6% for the fiscal year ended June 30, above the benchmark return of 5.8%, according to an investment report provided by the pension fund.
For the three-, five-, 10- and 20-year periods through June 30, the $8.96 billion MOSERS delivered annualized net returns of -0.2%, 5.7%, 4.1% and 6.3%, respectively, versus corresponding benchmark figures of -1%, 4.4%, 3.6% and 5.4%.
By asset class, the top performers were global public equities, which returned a net 20.8%; followed by private credit (11.2%); hedge funds (9.2%); global private equity (8.6%); public real assets (5.6%); alternative beta strategies (4.8%); and core bonds (4%).
The worst performers were long Treasuries (-9.9%), private real assets (-8.3%), commodities (-0.6%) and TIPS (-0.4%).
In fiscal 2023, MOSERS returned a net 2.5%, above the 1.9% benchmark.
MOSERS could not be immediately reached for further details.
