Kevin Kroskey's Ohio Faculty Advisor

(The text below is reprinted from the news release by STRS)   Independent Report Shows STRS Ohio Has Lowest Investment Costs in Peer Group; Internal Investment Strategy Saves Millions of Dollars At the December meeting of the State Teachers Retirement Board, CEM Benchmarking, a leading global research company, presented the results of its 2014 investment benchmarking study. This year’s report compared investment data for the five-year period ending Dec. 31, 2014, from 17 large U.S. public fund sponsors. Results of the study showed that STRS Ohio’s total investment costs were the lowest among the peer group, primarily due to STRS Ohio’s greater use of internal investment managers. The report stated that STRS Ohio saved about $103 million in 2014 by using internal investment managers for about three-quarters of the system’s assets. The savings is based on the peer group’s median external management costs. The report also provided performance data and showed that STRS Ohio’s five-yea