Asset Classes
Managers perform for Texas Teachers
Manager selection led to nearly three-quarters of outperformance for Texas Teachers in 2017 as the fund beat its benchmark by 168 basis points.
Simon HoyleJanuary 5, 2018
Asset Allocation
Texas Teachers overhauls equities
Texas Teachers has made extensive changes to its equities portfolio, increasing risk premia, reducing active management and applying new strategies developed by the fund’s research arm.
Amanda WhiteNovember 30, 2017
Fees
Texas Teachers bears down on fees
The $140 billion Teacher Retirement System of Texas is renegotiating its deals with hedge fund managers including moving to a 1-and 30 fee model as it looks to realign fees across the board.
Sarah RundellJune 20, 2017
Uncategorised posts
US public pensions take to social media
US public pension funds, under fire for the sustainability of their defined-benefit plans, are increasingly opening a new social-media front line in the battle to influence public opinion. The Maryland State Retirement and Pension System is the latest to step up its social media presence, posting its first You Tube video, which outlines the positive […]
SAM RILEYApril 18, 2012
Uncategorised posts
Texas Teachers extends manager partnerships
Texas Teachers Retirement System has extended a unique public markets strategic partnership structure to two of its private market managers in a move it claims will give the fund a long-term strategic advantage over other investors.
SAM RILEYNovember 16, 2011
Uncategorised posts
High-maintenance Hedgie Seeks Indulgent Insto, VM
Without question my favourite car is a 1960 Mercedes Benz 190SL. Recently I was thinking that maybe my expectations from such a car are similar to the way institutional investors think about hedge funds. It’s certainly uncorrelated to my other car.
Amanda WhiteJune 22, 2011