Texas Employees Retirement System, Austin, expects to select within two weeks one or two international equity managers to oversee between $1.5 billion and $2 billion in total. Officials for the $21 billion fund conducted onsite visits with finalists Dresdner RCM Global Investors; Montgomery Asset Management; Templeton Worldwide; Artisan Partners; Citibank Global Asset Management; State Street Research; Clay Finlay; and ValueQuest/TA.
The fund had managed international equities internally.
Callan is assisting.