Arizona Fund Makes Significant Investment in Strategy Firm
According to newly released data, the Arizona State Retirement Fund (ASRS) disclosed ownership of 72,607 shares in a major strategy firm, with a total value nearing $10 million.
New Trends in Asset Allocation
- The fund's total assets exceed $60 billion
- Technology stocks are increasing in the portfolio
- Shares in the strategy firm are now a key long-term holding
This investment signals confidence in the firm's future growth and highlights its role in diversifying the fund’s holdings.