US - The New York State Teachers' Retirement System posted returns of 23.3% in the 12 months ended 30 June, the highest one-year return in 25 years.
Assets hit $89.9bn, up $13bn from a year earlier. The 25-year annualised return is 9%, 100 basis points above its target return. The fund targets an allocation of 42% in domestic equity, 18% in domestic...
US - The Teacher Retirement System of Texas has agreed to issue $6bn combined to Kohlberg Kravis Roberts and Apollo Global Management expanding its strategic partnership programme to the private markets.
US - All US institutional investors performed negatively in the third quarter of 2011 with the median public, corporate and multi-employer funds down 8.94%, 7.94% and 9.03% respectively, Wilshire Trust Universe Comparison Service (Wilshire TUCS) results...
US - The California State Teachers' Retirement System (CalSTRS) has adopted a policy which puts pressure on company management teams to disclose their political contributions.
US - The $22bn Employees Retirement System of Texas (ERS) has selected Deutsche Bank as its new securities lending provider, replacing JP Morgan Chase.
US - The aggregate funded ratio in S&P 1500 pension plans increased to 75% in October from 72% in September, though much of the gain was wiped out at the beginning of this month, figures from Mercer show.