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Public employees systems loses $300 million in portfolio value

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The Arkansas Public Employees Retirement System’s investments declined in value by more than $300 million last fiscal year, a system consultant reported Wednesday.

The system’s domestic and foreign stock market investments dipped.

The value of system investments was at $5.63 billion as of June 30. Other Arkansas public systems have reported losses, with only the highway system showing gains in the year.

Read tomorrow's Arkansas Democrat-Gazette for full details.

Thank you for coming to the Web site of the Arkansas Democrat-Gazette. We're working to keep you informed with the latest breaking news.

This article was published Wednesday, August 20, 2008.
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