Real estate rocks Pennsylvania returns
The Pennsylvania State Employees' Retirement System reports returns of -29.3% for its 60 real estate portfolio investments during 2009, a period when it also paid $28.5m in management and consultant fees.
The Pennsylvania State Employees' Retirement System reports returns of -29.3% for its 60 real estate portfolio investments during 2009, a period when it also paid $28.5m in management and consultant fees.
Copyright PEI Media
Not for publication, email or dissemination