The $7.4 billion San Francisco City & County Employees' Retirement System named four finalists in its search for an emerging markets debt specialist - Grantham, Mayo, Van Otterloo; J.P. Morgan Investment Management; Morgan Stanley Asset Management; and Salomon Brothers Asset Management.
The staff is suggesting $50 million be allocated, but the board hasn't made a final decision. Manager selection is expected in mid-August. Asset Strategy Consulting is assisting.
