Texas Permanent School Fund Locks in 9.44% for FY 2012
Posted on 10/03/2012
Based in Austin, Texas, the Texas Permanent School Fund (TPSF) generated a 9.44% return for the fiscal year ending August 31, 2012. The US$ 25.5 billion public fund distributed US$ 1.2 billion to support Texas schools for the two years ended by the latest fiscal year. TPSF outperformed its policy benchmark by 57 basis points. […]
