US - The US$14bn Teachers' Retirement System of Louisiana (TRSL) posted a 14.3% market rate of return on its assets for the fiscal year ending 30 June 2006.
The fund's alternative asset investment were oen of the key drivers behind the strong performance registered, which was up from 10.9% for the previous year. “This year’s rate of return validates...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here