New York Pension Fund Reaches Record $176.2 Billion

0
New York Pension Fund Reaches Record $176.2 Billion
Photo by stevepb (Pixabay)

Thomas P. DiNapoli, the comptroller for the State of New York, announced that the New York State Common Retirement Fund increased to $176.2 billion for the fiscal ending March 31, 2014.

According to him, the current amount reached by the pension fund is the “highest ever.” DiNapoli said the New York State Pension Fund’s rate of return for the period was around 13.03%.

Massif Capital’s Top Short Bets In The Real Asset Space [Exclisuve]