Rhode Island Treasury - Committed to Transparent Investing
Rhode Island’s investments, including more than $7 billion of state pension assets, are managed by the Office of the General Treasurer under the direction of the State Investment Commission (SIC).
On this page, you will find information about where the state’s pension funds are invested, how they are performing, and an overview of the state’s investment strategy and philosophies.
The State Investment Commission (SIC) adopts a Policy Allocation with targets for how the state’s funds should be invested across the various asset classes. The Treasury staff is given leeway to deviate slightly from the Policy Allocation in response to shifting conditions in the financial markets. Learn more about the pension fund's Asset Allocation.
The State Investment Commission and Office of the General Treasurer are committed to delivering the strongest possible investment performance for the state’s pension system. An important part of delivering strong performance is ensuring that fees and expenses are kept to appropriate levels. The SIC and Treasury strive to ensure that all investment-related fees and expenses are within industry norms, and fully transparent to the public.
When are expenses reported?
Each of the reports above contain an accounting of both direct and indirect investment expenses and are compiled once per year. Every month an accounting of direct investment expenses is included the report presented to the State Investment Commission.
Additional information and resources regarding investment expenses are available on our Data Portal.