Teachers' pension clinches #1 spot for investment returns

September 11, 2018

Baton Rouge – The Teachers’ Retirement System of Louisiana (TRSL) ended Fiscal Year 2018 with an 11.56% market rate of return (net of fees), making it #1 among public pension plans with assets greater than $1 billion.

“We are extremely pleased with the performance of our investments,” said TRSL Director Dana Vicknair. “Thanks to our strong market return, TRSL has $21.05 billion in assets—up $1.5 billion over last year.”

In addition to its number one ranking for FY 2018, TRSL’s investment performance has clinched the #1 spot for the past nine years, according to Wilshire Trust Universe Comparison Service (TUCS)—the most widely accepted comparison service for public pension fund investment performance.

“Our asset allocation continues to provide diversification and strong returns,” said Philip Griffith, TRSL chief investment officer. “Venture capital was our top performing asset class in FY 2018, returning 25.6%. Last fiscal year, commodities held the top spot with a 28.8% return.”