HIRINGS
The $3.1 billion Oklahoma Public Employees' Retirement System, Oklahoma City, hired BZW Barclays to manage a $600 million S&P 500 index fund and a $200 million international equity index fund. Other finalists were Bankers Trust and State Street Bank.
Funding will come from reallocating assets from active equity managers, said Stephen C. Edmonds, executive director. The system also expects to search for an emerging markets manager this fall.