Evolution and Growth: How Public Pension Plans Have Diversified Their Investments Amid Changing Markets
By John Sullivan, Katie Comstock & Tyler Bond
A report from the National Institute on Retirement Security (NIRS) and Aon examines the changes public pension plan investing has undergone throughout the twenty-first century. After decades of investing primarily in bonds and other fixed income assets, public pension plans have shifted to more diverse investment portfolios, which enabled these funds to grow, deliver reliable benefits, and withstand market turmoil during and after the 2008 Global Financial Crisis (GFC).
These findings are detailed in a new report,Evolution and Growth: How Public Pension Plans Have Diversified Their Investments Amid Changing Markets. The report is authored by Tyler Bond, NIRS research director; Katie Comstock, Partner and Head of Public Sector Solutions at Aon; and John Sullivan, Associate Associate Partner, Asset-Liability Management at Aon.
Get the report here
