Reply to McConnell Whines About ‘Moscow Mitch’ Nickname: It’s ‘Over the Top’

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[quote=Anonymous][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]

What is the percentage of Russian investments in total international investments? The proportion they supplied doesnt mean anything. If its 0.12 of all international then ok. Its its 0.12 of all investments that is purposefully obtuse. [/quote]

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