The Texas Teachers Retirement System (TRS) continues to build innovative relationships with its managers, the latest of which has seen it take a $250-million equity stake in asset manager Bridgewater Associates LP.
SAM RILEYFebruary 22, 2012
Teacher Retirement System of Texas (TRS) will look to investments in hedge funds to maintain its position as one of the best performing public pension funds in the United States, its chief investment officer Britt Harris told trustees at its recent board meeting.
SAM RILEYJune 22, 2011
A successful tactical bet by the investment team of the Teacher Retirement System of Texas fuelled a heated debate at the April investment committee meeting which concluded with chief investment officer, Britt Harris, dismissing the need for more flexibility in the fund’s policy statement.
Amanda WhiteJune 1, 2011
The United States private sector retirement system could adopt some particular elements of the public sector retirement system to bring the differences between the two back into balance, according to NASRA research director, Keith Brainard.
MIRANDA WARDMarch 30, 2011
The $105 billion Teacher Retirement System of Texas has debated, and rejected, the idea of appointing an independent chief risk officer outside of the investment management division, with the board deciding oversight of risk is sufficient within its current practices.
Amanda WhiteMarch 23, 2011