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Texas launches quarterly reports for flagship fund

The Teachers Retirement System of Texas (TRS) has outlined a set of five investment performance measurement priorities, which include a new detailed quarterly report for the internally actively managed $19.9 billion global best-ideas flagship fund, and incorporating external managers’ signals into the investment process to enhance performance.
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HOOPP derives benefits to boost funding status

The extensive use of derivatives has been a big contributor to the C$35.7 billion ($37.4 billion) HOOPP reaching fully funded status. Jim Keohane, chief investment officer, explains how the fund manages its assets and liabilities through liability-hedging and return-seeking portfolios and the role derivatives play in dialling risk up, or down.
Investor Profile

OMERS shifts to direct investing privately

As OMERS moves towards its target asset allocation of 53:47 in public/private markets, the private equity division is also undergoing change with a preference for direct investing. Paul Renaud (pictured), president and chief executive of OMERS Private Equity, discusses the transformation.
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Californian funds look through 3D to diversify boards

The two large Californian public funds, CalPERS and CalSTRS, recently collaborated to help develop a new digital resource dedicated to finding untapped diverse talent to serve on corporate boards. Director of corporate governance at CalSTRS, Anne Sheehan (pictured), discusses the need for such a resource, and why collaboration is such a key component of corporate […]
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