US - In yet another blow to the beleaguered Bank of Ireland Asset Management (BIAM), the US$60bn Ohio Public Employees Retirement System (OPERS) has announced it has terminated the firm, which managed US$420m in active international equities for the fund.
BIAM has been on OPERS watchlist since November 2003 and was terminated by the fund last month. The firm has suffered recently from the defection of six of its senior staff to join a new global ...
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