Institutional Investors

Illinois Teachers formalises rise to 8% allocation


The Illinois Teachers’ Retirement System Board of Trustees has approved a revised asset allocation plan that includes a boost in absolute return to 8% from 5% of total system assets.

The revised asset allocation plan for the $35 billion pension fund reflects predicted market trends and is a continuation of a steady and deliberate diversification of TRS investments toward opportunities that will enhance long-range returns, according to fund officials. Illinois Teachers’ staff and investment consultant, R.V. Kuhns & Associates, developed the new allocation plan over the last several months. The current asset allocation