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. “[Establishing an office in Singapore] is very much an ongoing project that we’re assessing and considering doing,” Jase Auby told media on a call on Friday (January 17). “The process has taken a little bit longer than we anticipated,…