Institutional Investors Performance

New Mexico SIC reports record return


The $15 billion New Mexico State Investment Council announced record returns of 22.5% for the fiscal year ending 30 June, which translates into growth in the total funds in the portfolio of more than $2.5 billion year-over-year.

US public pension funds in recent weeks have also reported gains of 20% plus, including the Florida State Board of Administration, San Diego County Employees’ Retirement Association and the Teachers Retirement System of Illinois.

The result of investment gains and recent market volatility will likely result in new asset mixes for state investment portfolios. In New Mexico trustees for the State