October 26, 2017
Contact: Christian Palmer
Chief investment officer earns consecutive honors
Accolades continue for CIO Ryan Parham and investment team
ARIZONA – Today, coming off a fiscal year in which PSPRS investments generated more than $1 billion for the trust, the system’s transformation continues to gain momentum – and our nationally recognized investment team continues to garner industry honors for that investment success on behalf of the state’s police officers, fire fighters and taxpayers.
Trusted Insight named Parham among its top 30 public pension CIOs in both 2017 and 2016.
Those honored by Trusted Insight manage portfolios that outperformed peers and emerged as “front-runners in the public pension world by three-year and five-year measures.” PSPRS investment performance over the last five years has exceeded the 7.4 percent assumed earnings rate set by the Board of Trustees as well as internal benchmarks.
The PSPRS trust combined with the Corrections Officers Retirement Plan (CORP) and the Elected Officials Retirement Plan (EORP) is valued at roughly $9.5 billion and manages the retirement benefits to approximately 50,000 retired and active members.
Did you know?
PSPRS investments are diversified through "alternative assets," which are actually mainstream investments that serve as an alternative to the volatile stock market. These investments typically include emerging technologies, consumer goods, retail businesses, real estate holdings, energy markets and even agriculture.
- "Public Pension Standards Award for Funding and Administration" award - Public Pension Coordinating Council (September 2017)
- "Allocator of the Year" award - Institutional Investor Magazine (May 2017)
- "Top 30 Public Pension Chief Investment Officers" award winner Ryan Parham - Trusted Insight (November 2016 and 2017)
- "Small Public Pension Plan of the Year" nominee - Institutional Investor Magazine (June 2016)
- "CIO of the Year" finalist Ryan Parham - Institutional Investor Magazine (2016)
- "Arizona Corporate Counsel Award" nominee Jennifer Eichholz - Arizona Business Magazine (2016)