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

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note