Texas Teachers Cuts Allocation Towards Equities, Hedge FundsMark Melin
The sixth-largest U.S. public pension fund in the U.S. has reduced its allocation to hedge funds, but lowered exposure to equities by a much larger percentage.
Teacher Retirement System of Texas cutting exposure to equities by 4% and hedge funds by 1%
The Teacher Retirement System of Texas announced it was cutting its exposure to equities by four percent, reducing hedge exposure by one percent while adding five percent exposure to risk parity and private market exposure, exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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