The Comptroller just came out with the city's financial statement on Halloween. One of the interesting items in the report is the amount paid in investment fees for the five city pension funds. FY-2015 continued the insane upward trend as you can see from the list below. The grand total for the last 15 years is $4.0B. Yes, that is billion. All for 3.6% rate of return, maybe.
- 2014 - $530.2M
- 2013 - $472.5M
- 2012 - $370.3M
- 2011 - $395.7M
- 2010 - $426.8M
- 2009 - $339.3M
- 2008 - $310.2M
- 2007 - $262.0M
- 2006 - $192.7M
- 2005 - $158.2M
- 2004 - $131.6M
- 2003 - $ 96.7M
- 2002 - $101.9M
- 2001 - $100.0M
- 2000 - $100.0M