A diversified approach to diversification

摘要

One year ago, lee partridge left his position as deputy chief investment officer of the Teacher Retirement System of Texas (TRS) to form Integrity Capital, a consultancy dedicated to managing institutional investment portfolios. A month later, Integrity and Partridge signed on as portfolio strategists for the San Diego County Employees Retirement Association. Partridge helped build TRS into one of the most successful and innovative public pension plans, overhauling the plan's asset allocation. Futures talked to Partridge about his trading philosophy and approach to asset allocation.