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For Immediate Release

October 2, 2014

Treasurer_Janet_Cowell-photo_for_fb.jpgTreasurer Cowell Named One of World's Top Investors

Raleigh, N.C. - The Sovereign Wealth Fund announced today that Treasurer Janet Cowell has been named 18th in the prestigious Sovereign Wealth Fund's Public Investors 100 list for 2014. Cowell, who is sole trustee for North Carolina's $90 billion pension fund, ranked 21st last year.

"North Carolina's retirees can be confident that their pension is safe and conservatively managed for the long term," Treasurer Cowell said. "This global recognition affirms the work of our investment team and the strategic efforts we continue to make to secure the pension fund."

The Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds and other long-term governmental investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade, and other relevant issues. The investors on the list were chosen by SWFI staff and come from medium- to large-sized asset owners. They are judged not only on fund size, but also on management and trends in the asset-owner industry.

"SWFI is pleased to once again, welcome Janet Cowell to the Public Investor 100," the report stated. "Since her last appearance in the rankings, North Carolina Retirement Systems' asset under management has mushroomed to over US $90 billion, with a 15.88% return for the fiscal year ending June 30, 2014."

"This is a meaningful list," said Michael Maduell, CEO of SWFI. "The men and women of the Public Investor 100, collectively responsible for trillions of dollars in public assets, are some of the most powerful and influential people in the world, and their actions and innovations resonate throughout the lives of their stakeholders and constituents globally."

View the write up and the full list here

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The North Carolina Retirement Systems, the formal name for the pension fund, is now the tenth largest public pension fund in the country. It provides retirement benefits and savings for more than 900,000 North Carolinians, including teachers, state employees, firefighters, police officers and other public workers. For more information, visit www.nctreasurer.com​.