The beginning of a new year is a time to reflect on the year gone by and look forward to what lies ahead. In 2021, the financial markets saw ongoing volatility caused by COVID-19 while the Federal Reserve continued with the policies it put in place to combat the economic effect of the pandemic. Interest rates, inflation, and supply chain backlogs were all topics that grabbed headlines throughout the year. But in the end, SWIB remained committed to its long-term investment strategy for the Wisconsin Retirement System and generated strong investment returns, which are expected to deliver annuity increases to members and continuing contribution stability for employees and employers. In this episode, SWIB Executive Director and Chief Investment Officer Edwin Denson looks back on a successful year and lays the groundwork for building on that success in 2022.