The State of Wisconsin Investment Board (SWIB) touted its 2019 year-end returns, with officials commenting on a preliminary gross return of 19.9%.
SWIB outperformed its benchmarks for the year, five-year and 10-year timeframes, exceeding the long-term investment return target of 7% for the state investment portfolio that includes two retirement system funds with more than $108 billion.
SWIB’s entire portfolio totals $122 billion.
“We are proud the strong performance in 2019, but we remain aware of the economic and geopolitical risks that create headwinds for future returns . . .
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