ATRS takes Q3 loss of 8.1% from Pillar after switching funds
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ATRS takes Q3 loss of 8.1% from Pillar after switching funds

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Pillar Opportunity delivered a loss of 8.1% to Arkansas Teacher Retirement System (ATRS) in the three months to 30 September in Hurricane Ian’s aftermath, the pension scheme’s latest investment update has shown.

Nephila’s Rubik delivered losses of 1.2% in the quarter, while Aeolus’ Keystone fund returned profits of 4.3%. These holdings have been in run-off since the US pension scheme moved to alter its roster of ILS providers in late 2021...

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