TRS bumper returns

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US - The Teachers' Retirement System of the State of Illinois (TRS) saw one of the best annual returns in its history in fiscal year 2007.

TRS’s investments earned 19.6%, gross of fees, producing $3.8bn and took the overall fund value to $41.9bn. Jon Bauman, executive director, TRS commented: “TRS continues to prudently invest in a...

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