New Mexico Educational Retirement Board, Santa Fe, narrowed its search for two EAFE managers to four finalists and is expected to make a decision at its Feb. 12 board meeting, said Frank Foy, CIO. The hirings will diversify the $6 billion fund, Mr. Foy said. Finalists are incumbent Capital Guardian; Bank of Ireland; Putnam; and Morgan Stanley Asset Management. Mr. Foy said each manager will run $300 million; cash will fund half of the $600 million allocation.
New Mexico Educational Retirement Board, Santa Fe, narrowed its search...
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