August 2026 NCRS monthly performance report released

The North Carolina Investment Authority’s October 2, 2026 memorandum released the investment performance report for the period ended August 31, 2026. NCRS earned 11.24% net of fees and expenses over the trailing twelve months and 1.72% during August. Private equity and public equity were the strongest monthly contributors, while real estate was the largest detractor. The portfolio reflected the strategic asset allocation approved in February 2026, with equity at 61.37%, debt at 32.99% and multi-strategy at 5.63%. The report states that values cover only assets deposited with NCIA at BNY and that programs may hold assets outside that custodian. Separate tables report non-pension programs.