Public Pension Funds' $1.6 Trillion Gamble

In 2022, America's public pension funds are seeking higher returns to close their persistent funding gaps. And they're betting on alternatives to the tune of $1.6 trillion to do it.

How did we get here? And what does it mean for the future of asset managers and retirement systems in the US?

Equable Institute's annual report, State of Pensions 2023 analyzes the health of public retirement systems and the key trends that will shape their future.