Illinois pension fund commits $275m to Hong Kong, India funds

Illinois pension fund commits $275m to Hong Kong, India funds

A clerk counts Chinese yuan and U.S. dollar banknotes at a branch of Bank of China in Taiyuan

US pension fund Teachers’ Retirement System (TRS) of the State of Illinois has committed a total of $275 million to three funds managed by Hong Kong and India firms, according to an announcement.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter