Louisiana Teachers Retirement System, Baton Rouge, hired Systematic Financial Management and Rothschild to manage $200 million and $100 million, respectively, in active small-cap value domestic equities. The $13 billion plan hired the firms to meet its 5% allocation to the asset class. Funding will come from reducing Boston Co.s $425 million active small-cap value domestic equity portfolio and from several index fund portfolios; the amount of the reductions has not been decided.
Louisiana Teachers' Retirement System, Baton Rouge, hired Systematic...
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