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Reply to "McConnell Whines About ‘Moscow Mitch’ Nickname: It’s ‘Over the Top’"
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[quote=Anonymous]Well this is good? Hopefully? But who are the “international managers”? “Beau Barnes, TRS' general counsel, said Friday TRS sold off its shares late last month, losing $3.2 million of its initial $15.6 million investment. The sale was not mentioned when The Courier Journal asked about TRS' Russian investments earlier this week. TRS’s remaining exposure to holdings in Russia is proportionately negligible in a portfolio of about $26 billion," Barnes said in a statement Friday. About $30 million of TRS's $26 billion investment portfolio — around 0.12% — is in Russian investments, Barnes previously said. All of TRS's Russian investments are through its international managers, Barnes said. It has no internally managed Russian investments.” https://www.courier-journal.com/story/news/education/2022/03/04/amid-russia-invading-ukraine-kentucky-teachers-pension-system-caught-middle/9373911002/[/quote]
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