The South Dakota Retirement System Board of Trustees got an update on the status of investments and returns at their meeting in Pierre Tuesday.
State Investment Officer Matt Clark says they managed to get a positive return in the current fiscal year….

Clark says they got good returns in a couple of areas…..

Clark says they are ready to make some moves when there are good opportunities…..

Retirement system investments finished the last fiscal year with a return of twenty two percent, on over fourteen billion dollars in assets. The system is at one hundred six percent of needed funding.