Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Compass with pension written on it While Texas Teachers has generated $11 billion of returns in excess of its benchmark over a decade, it has one of the highest cost structures among peers because it’s more dependent on external managers. (Photo: Getty)

(Bloomberg) –The Teacher Retirement System of Texas, one of the largest public pensions in the country, is considering almost doubling the size of its investing team so it can cut expenses by managing more of its money in-house.


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.