South Dakota investments performing well, despite down year

The Executive Board of the South Dakota legislature got an update on state investments at their recent meeting (Aug. 23, 2022) in Pierre.

Greg Kulesa, Chairman of the South Dakota Investment Council, gave the overview.

Kulesa says the fund held its own in a very negative year.

The bulk of the dollars are held to fund retirement accounts for state and local government employees.

(Story courtesy of news partner WNAX.)