State Retirement Agency Responds to Questions on Investment Performance

The State Retirement Agency responds to several questions posed by the Maryland Department of Legislative Services about its investment performance and strategies. 

The State Retirement Agency responded to several questions on investments in December of 2017. Subjects of the questions included:

  • 2017 return performance in relation to the policy benchmarks
  • Actions being taken to mitigate those factors impacting the fiscal 2018 returns
  • Use of strategic adjustments to asset allocation during fiscal 2017 and the impact on investment performance
  • The risk profile of the system’s asset allocation

An article in the Baltimore Business Journal, Why Maryland’s $50 billion pension fund lagged amid a booming 2017 (paywalled) references some of the Agency’s responses to these questions.

Read the full Response from the State Retirement Agency.