USA - The US$153.2bn California Teachers' Retirement System (CalSTRS) has awarded new fixed-income mandates to seven managers and appointed a further 12 to a "pre-approved list" of backup managers, Global Pensions can exclusively reveal.
Western Asset Management, LM Capital Group, Fidelity Management Trust, Aberdeen Asset Management, and Julius Baer Investment Management were selected to run core-plus portfolios. BlackRock and G...
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