US - The California State Teachers' Retirement System (CalSTRS), has enlisted Barra Analytics to help it select and monitor external equity managers.
CalSTRS, the second largest public pension plan in the US with over US$160bn in assets under management, said Barra Analytics would analyse the risk and performance of their external managers and perform due diligence on any new managers being hired.
MSCI Barra managing director and global head of client coverage, Baer Pettit, said: “CalSTRS is implementing Barra products in other areas of its organization and the adoption by the external equity group reinforces the value of Barra risk tools in the investment process."
MSCI Barra said CalSTRS was one of the major public pension plans to license Barra Analytics on the FactSet platform.
RPMI Railpen is in the next step in the journey towards achieving cost disclosure. Victoria Bell tells Stephanie Baxter about taking part in the Cost Transparency Initiative's pilot phase
Interserve's numerous defined benefit (DB) schemes have retained a sponsor link after the company entered into administration and was sold.
Chris Hannon has been named chairman of the Railways Pensions Trustee Company after a unanimous vote of approval from its board last week.
PP speaks to BESTrustees director Heather McGuire about her views on the CMA's review into the investment consultant and fiduciary management markets.