New York City Employees Retirement System increased its allocation to FIS Funds, an emerging managers program, to $100 million from $25 million, said Nicole Lise, spokeswoman at the $35.2 billion system. Funding will come from reducing accounts of the four managers Barclays Global Investors, Deutsche Asset Management, Mellon Capital and Merrill Lynch that run the systems Russell 3000 index fund, which had $15.9 billion in assets as of March 31.
New York City Employees Retirement System increased its allocation to...
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