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Texas TRS avoids thematic calls amid macro worries

The $151 billion pension fund’s CIO says it’s “hard to be optimistic” on global markets right now. Experts at firms such as Blackstone and UBS are also concerned.
Texas TRS avoids thematic calls amid macro worries

The Teacher Retirement System of Texas is holding its asset allocations steady due to the heightened economic uncertainty as international trade tensions and European political risks grow.

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