Chicago Public School Teachers Pension & Retirement Fund is reviewing its fixed-income managers and may replace some of them, said Kevin Huber, CFO. Mr. Huber would not provide information about the $9.2 billion funds current fixed-income managers, but according to Pensions & Investments annual survey of the top 200 pension funds, they are: Bank of America, Lincoln Capital, MDL Capital, Morgan Stanley, Smith Graham and Wellington. The fund had 33% of assets in fixed income as of Sept. 30, according to the survey.
Mercer Investment Counseling is assisting.