US$36.8bn TRS tables MBE investment plan

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US - The Teachers Retirement System (TRS) of Illinois has announced plans to increase its allocation to Minority Business Enterprises from 11.5% at present to 15% in 2007.

Jon Bauman, TRS executive director said the fund’s goal was to encourage diversity by increasing the utilisation of the minority and female-owned investment managers and brokers/dealers in the TRS ...

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