I think it’s still going to take some time to have the cash to pay the bills, but they are making good progress
I am pleased to report that the total market value of our pension fund is over $78 billion, back to where it was prior to the recession ... The biggest challenge we face moving forward is reallocating our portfolio away from low-interest bonds to take advantage of more attractive investments as the economy continues to recover.
We recognize that there are many smaller, high-performing managers that have the potential to add value to the pension portfolio ... This program is designed to identify those managers so we can utilize their talent for the benefit of our state’s public employees.More quotes »
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Will North Carolina get into the business of riskier investing?
Made Easy Get today’s news delivered to you. Legislation giving North Carolina State Treasurer Janet Cowell the authority to invest up to 40 percent of state’s $78 billion pension fund into alternative investments sailed through the state Senate and onto the from Triangle Business Journal Read more »
LUDLUM v. STATE
Andrew LUDLUM, Plaintiff, v. STATE of North Carolina, and its Agents Reuben Young, Secretary of Public Safety, and Janet Cowell, State Treasurer, Defendants. H. Clifton Hester, Hester, Grady & Hester, PLLC, for defendant.Attorney General Roy Cooper, by Special from FindLaw: Cases and Codes Read more »
State treasurer warns against airport authority
Treasurer Janet Cowell added her voice Wednesday to those concerned that transferring control of Charlotte Douglas International Airport to an independent authority could create massive problems with its debt. She said transferring control would be an unprecedented from Charlotte Observer Read more »
Inside Politics: State treasurer says more spending needed on infrastructure improvements
Treasurer Janet Cowell says the Republican-led General Assembly should consider spending more money on the state's growing infrastructure needs, such as roads, utilities and the university system. Cowell, a Democrat, said North Carolina is one of nine states from Fayetteville Observer Read more »
Morning Memo: McCrory to announce Medicaid overhaul; big day at statehouse
news to firstname.lastname@example.org.*** McCRORY WANTS HIS APPOINTEES TO GET STATE RETIREMENT: The governor is pushing State Treasurer Janet Cowell's effort to lower the length of time it takes a state employee to get pension from 10 years back to five years, a reversal from Under the Dome Read more »