Texas Teachers sees Asia office delay, sets new SAA

Jan 19, 2020

The $153 billion public pension fund’s new chief investment officer explained why it has raised its private market exposure and is doing more direct investing.

Texas Teachers sees Asia office delay, sets new SAA

The Teacher Retirement System of Texas is now transitioning to its new five-year strategic asset allocation (SAA) but is still waiting to set up its long-planned presence in Asia, according to the $153 billion pension fund’s chief investment officer.

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