US - The Oklahoma Public Employees Retirement System has moved to terminate a US$350m ex-US active equity mandate with Capital Guardian, marking another case in what has been a slew of losses for the Los Angeles based manager.
Kirk Stebbins, CIO of the $5.1bn fund said that it had shifted the mandate to an index fund with Barclays Global Investors, until such a time when it is ready to reinvest the money actively. Cap...
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