New York City Teachers’ Retirement System hired Lincoln and BlackRock and rehired Miller Anderson and PIMCO each to run $720 million in its mortgage-backed securities program, said Jane Levine, deputy comptroller for pensions for the $30 billion plan. Miller Anderson had managed $806 million; and PIMCO, $936 million. Dresdner, which managed $926.2 million for the program, was not reselected. Additional funding came from rebalancing.
New York City Teachers' Retirement System hired Lincoln and BlackRock...
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