Investments

The COAERS Trust Fund (the Fund) is the leading municipal public pension fund for the City of Austin with assets totaling $3.5 billion as of March 2025.

The purpose of the Fund is to accumulate the financial reserves necessary to provide for the retirement or pensioning of eligible COAERS members and their beneficiaries.

It is the fiduciary duty of the COAERS Board of Trustees to oversee the management of the Fund’s investments. The Board, COAERS Staff, and the Investment Consultant work together to formulate and implement an investment strategy that serves the long-term interests of the members by consistently achieving best-in-class results.

Investment Beliefs

COAERS' investment beliefs are foundational to its long-term management of the Fund. They are the guiding principles by which the COAERS Board, the…

Investment Goals

The sole purpose of the System’s investment fund (“the Fund”) is to accumulate the financial reserves necessary to provide benefits to eligible…

Investment Reports

The reports below provide more detailed information about the strategy and implementation of COAERS’ Investments.

Investment Policies

The Investment Policy Statement (IPS) has been adopted by the Board of Trustees to establish the strategic objectives and policies of the System. In…

Asset Allocation

Asset allocation refers to process by which the Fund is allocated among various types of investments that have in common certain fundamental and risk-…

Prospective Investment Managers

The Board believes that developing long-term relationships with a small group of high potential managers represents a more thoughtful and robust…