LACERS bracing for potential impact of Trump tariffs on public equities returns
As of Sept. 30, 2024, the fund’s asset mix included 21.50% U.S. equity allocations and 25.63% non-U.S. equity allocations.
As of Sept. 30, 2024, the fund’s asset mix included 21.50% U.S. equity allocations and 25.63% non-U.S. equity allocations.
Banik’s team has opted to be a bit more cash heavy going into the endowment fund’s fiscal year end.
Returns across IMCO’s client portfolios ranged from 8.2% to 11.3%.
The $341.1bn pension fund has a positive return for all its asset allocations except in real estate.