Hawai’i pension investments remain at bottom of the pack

A recent report shows that Hawai‘i’s public pension fund ranked at the bottom among comparable funds for its investment returns over the past decade. The report, issued by Northern Trust, compared 12 funds with investments of more than $1 billion

A recent report shows that Hawai‘i’s public pension fund ranked at the bottom among comparable funds for its investment returns over the past decade.

The report, issued by Northern Trust, compared 12 funds with investments of more than $1 billion for the 10-year period ending Sept. 30, 2011. Northern Trust is the so-called bank custodian for the Hawai‘i Employees’ Retirement System’s securities, safekeeping its assets and tracking the plan’s performance. It compared Hawaii’s performance with that of 11 other client funds it handled over the same 10 years.

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