Illinois Teachers Retirement System Up 12.2% Thanks To Alternatives

The Teachers' Retirement System of the State of Illinois (TRS) earned 12.2% on its investments during the fiscal year that ended June 30, 2006, exceeding its benchmark of 11.3%. The market value of TRS assets reached a fiscal year end

By None

The Teachers’ Retirement System of the State of Illinois (TRS) earned 12.2% on its investments during the fiscal year that ended June 30, 2006, exceeding its benchmark of 11.3%. The market value of TRS assets reached a fiscal year-end record high $36.5 billion, up from $34 billion one year ago. International equity led all asset classes with a return of 27.7%, followed closely by private equity’s 26.4%. Real estate rose 19.7%, domestic equity posted a 9.8% return, and fixed income earned .2%. As of June 30, TRS held 42% of its assets in domestic equity, 23% in fixed income, 19% in international equities, 11% in real estate investments, and 4% in private equity.

«