The Ohio State Teachers Retirement System, facing a net outflow of $3.5 to $4 billion annually, has seen improvements in its funded status, now at 82.8%, thanks to fiscal year 2024 investment returns. Outgoing Executive Director Lynn Hoover emphasized the fund's strong management amid controversies, including accusations of mismanagement and debates over cost-of-living adjustments (COLAs) for retirees. While some advocate for transitioning to passive investment strategies, experts warn that alternatives are crucial for achieving higher returns.
Columbia University’s endowment achieved an 11.5% return for the fiscal year ending June 30, growing its value to $14.8 billion, driven by strong public markets and positive private asset performance. While private assets lagged, the endowment's domestic equity exposure was notably high, contributing to its success compared to peers. Columbia outperformed Dartmouth and several other universities but fell short of the University of Minnesota Foundation's 13.4% return.
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