State Universities Retirement System of Illinois, Champaign, increased the active international equity assignments of American Express Asset Management and Martin Currie, said John R. Krimmel, acting CIO for the $11.8 billion pension fund.
The system assigned each an additional $100 million. The move brings American Express’ portfolio to $580 million and Martin Currie’s to $630 million.
Funding came from a passive international equities portfolio, managed by Barclays Global Investors, which still retains about $1.4 billion.
Ennis Knupp assisted.
