TRSL ranks among the best performing public pension funds
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Baton Rouge – The Teachers’ Retirement System of Louisiana (TRSL) recently received notice that its investment performance ranked in the top 12th percentile of public pension funds with assets exceeding $1.0 billion for the 10-year period ending March 31, 2014.
The ranking is done by Wilshire Trust Universe Comparison Service (TUCS)—the most widely accepted comparison service for public pension fund investment performance.
“This ranking shows that over a sustained period of time, TRSL performs better than most large institutional investors in the U.S.,” said Philip Griffith, the system’s chief investment officer.
Griffith also reported that TRSL added more than $3 billion to the system’s trust over the last two fiscal years, bringing its total assets to $16.4 billion. TRSL’s investment return is 14.3% (net of fees) as of April 30, 2014.
The ranking is done by Wilshire Trust Universe Comparison Service (TUCS)—the most widely accepted comparison service for public pension fund investment performance.
“This ranking shows that over a sustained period of time, TRSL performs better than most large institutional investors in the U.S.,” said Philip Griffith, the system’s chief investment officer.
Griffith also reported that TRSL added more than $3 billion to the system’s trust over the last two fiscal years, bringing its total assets to $16.4 billion. TRSL’s investment return is 14.3% (net of fees) as of April 30, 2014.
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