Louisiana State Employees' Retirement System increased its targets to domestic equity and private markets, and lowered the target to international equity.
Investment Losses for Louisiana Pension System Top $1B bizneworleans.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizneworleans.com Daily Mail and Mail on Sunday newspapers.
The Louisiana State Employees' Retirement System lost $1 billion in investments last year, as the plan's unfunded liabilities increased $600 million, according to an independent auditor's report.