After hitting a low point earlier this year, the Louisiana State Employees’ Retirement System says the value of its investments is up 18.6% for the first months of the year. As of Sept. 30, LASERS says its assets were $7.6 billion, up by more than $1.7 billion since the end of February. “These numbers indicate that our stay the course strategy is working,” says Cindy Rougeou, LASERS executive director. The system has a seven year annualized return of 8.3%.
LASERS sees return on investments pick up
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