Current Events Articles

AZ Central

Arizona retirement assets surpass $30 bil

April 5, 2013

The stock-market rally has pushed the portfolio of Arizona's largest pension fund and related programs above $30 billion for the first time, but another key measure of financial health has been slower to improve. The Arizona State Retirement System surpassed $30 billion in assets last month, continuing a four-year recovery. Assets had slipped from about $28.5 billion in mid-2007 to $21 billion two years later, when the stock market slumped as the economy slid into recession.

Read entire article on AZ Central
« Previous Article Next Article »

More From Current Events Articles

  • All the President's Admen
  • Condé Nast Primes Ars Technica for Its Big Moment
  • How Ads Could Ruin Zynga And Why They (Probably) Won't
  • Best of Luxury

    Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
    View All Best of Luxury
    THINGS WE LIKE