Arkansas TRS Increases Fixed Income Target; Invests $500M to Baird

The Arkansas Teachers Retirement System has approved increasing their target allocation to fixed income. 

The fixed income target allocation increased from 15% to 20%. As a result, the public equity target was decreased by 5% to 48%.

Additionally, a commitment of up to $500 million was recommended to be made to Baird Advisors Core Plus Bond Strategy.

General investment consultant, Aon assisted with the recommendations. 

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