TRSL investment assets total $18.1 billion, an all-time high
May 16, 2017TRSL investment assets reached an all-time high of $18.1 billion as of April 30, 2017. This number reflects steady growth over the past decade, and speaks good news for the system as it continues to outperform similarly sized public pension plans.
The system's one-, two-, and seven-year investment returns ranked first among public pension plans with assets over $1 billion, according to Wilshire Trust Universe Comparison Service (TUCS) – the most widely accepted comparison service for public pension fund investment performance.
“Our growth in asset value is a result of strong investment returns since 2010, when investments totaled $11.7 billion,” said TRSL Chief Investment Officer Philip Griffith. “Our asset allocation, too, gives us the diversification we need as long-term investors, and it’s working.”
Additionally, the system’s investment assets have earned a 9.2% annualized return over the past seven years.