NYSTRS rakes in best returns in quarter of a century

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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 ...

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