International managers kept for another year by CalPERS

The California Employees' Retirement System, Sacramento, today approved one-year contract renewals for six international fixed-income managers that run a total of $5.7 billion for the $154 billion system. The managers are: Rogge Global Partners, $1.2 billion; Baring Asset Management, $1.1 billion; Julius Baer Investment Management, $1.1 billion; Bridgewater Associates, $1 billion; Wellington Management, $700 million; and Western Asset Management, $600 million.