US - The Teacher Retirement System of Texas (TRS) has reported record investment returns of 35% for the full financial year.
The gain takes the fund's market value to $96.7bn, erasing most of the losses suffered during the financial crisis. The plan attributed the recovery to the strong rally in global equity markets ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date