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    Sussex County pension update scheduled

    By Brian Gilliland,

    27 days ago

    https://img.particlenews.com/image.php?url=4NvwMU_0t1nn4Tt00

    GEORGETOWN — This Wednesday, the Sussex County Pension Fund Committee will hear a quarterly update by Baltimore-area investment consulting firm Marquette Associates on the health of its pension program.

    As of March 2024, the fund gained $8.1 million, and during the current fiscal year the fund has gained $16.5 million returning percentages matching market indexes, according to the firm.

    Positive results were attributed to asset allocation and outperformances in some areas, while certain overall negative results were caused by underperformance of certain investments and foreign equity structures, according to the report provided by Marquette Associates.

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