US - The US$127bn California State Teachers' Retirement System has announced plans to launch a search on April 20 for up to six active equity managers to invest 10% of its international equity portfolio, or about US$3bn, in emerging markets.
The fund’s investment committee approved the proposal, which Global Pensions reported on in March, following a study by the board on emerging markets investment. Deadline for tender is June 7 wi...
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