Hollidaysburg Herald - Reliable News for Hollidaysburg

Blair County Employee Retirement Fund Shows 'Strong' Investment Returns

 

Last updated 8/15/2019 at 12:01pm



The Blair County Retirement Board consisting of Commissioners Bruce Erb, Ted Beam, and Terry Tomassetti, along with Controller A.C. Stickel and Treasurer Jim Carothers, recently met with Pat Wing of Marquette Associates, Inc., to review the Blair County Employee Retirement Fund’s investment performance Report for the second quarter of 2019.

The fund had an investment return of 3.2 percent for the quarter (net of investment management fees), generating an investment gain of more than $1 million.

Over the past year ending June 30, 2019, the fund had an investment return of 6.9 percent. Duri...



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