Iowa Public Employees’ Retirement System, Des Moines, hired Putnam and Barclays Global Investors as European equity managers. The firms replace Brandywine and Clay Finlay, which were terminated in favor of a risk-controlled approach to the asset class. The $16.8 billion plan will give each manager a $450 million mandate.
Iowa Public Employees' Retirement System, Des Moines, hired Putnam and...
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