Missouri Public School Retirement System , Jefferson City, hired BPI...

Missouri Public School Retirement System, Jefferson City, hired BPI Global Asset Management to run about $700 million in active international equities for the $21 billion pension plan. Funding will come from terminating a passive global portfolio benchmarked to the MSCI All Country World index (ex-U.S.) and managed by State Street Global Advisors. System officials wanted the international equity portfolio to be actively managed. Strategic Investment Solutions assisted.