Illinois Teachers Pension Plan Seeks 130/30 Exposure

Apr 25 2007 | 11:11am ET

The $39.7 billion Teachers’ Retirement System of the State of Illinois is looking for more active management of its domestic equity investments and plans to do so in part by increasing its exposure to 130/30 strategies.

Under recommendations by the TRS board of trustees, the system plans to allocate 10% of its domestic equity portfolio to a 130/30 large-cap core strategy within the next two years.

Search criteria for a 130/30 manager will be posted on the TRS web site by May 31, according to spokeswoman Eva Goltermann.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of