Hawaii Employees takes Oechsle, PIMCO bond portfolios off watchlist
By Kevin Olsen | December 12, 2012 1:18 pm
Hawaii Employees' Retirement System, Honolulu, removed Oechsle International Advisors and Pacific Investment Management Co. from its watchlist, confirmed Vijoy Chattergy, chief investment officer of the $11.7 billion pension plan.
PIMCO manages about $660 million core-plus fixed income and Oechsle, $333 million in international bonds.
The two managers were placed on watch in February for performance, and Mr. Chattergy said their performance has improved since then.