Texas Permanent School Fund Gets Greenlight on Internal Commodities Strategy
Posted on 02/04/2018
The Texas Permanent School Fund (TPSF) received permission to invest US$ 175 million internally for a passive commodities strategy. TPSF currently has two commodity-focused external managers which are Pacific Investment Management Company (PIMCO) and Credit Suisse Asset Management. PIMCO oversees about US$ 415 million for TPSF in a commodity strategy, while Credit Suisse runs US$ […]