Chicago Public School Teachers' Pension & Retirement Fund is...

Chicago Public School Teachers' Pension & Retirement Fund is considering retaining a transition manager for its $10.3 billion fund. State Street Global Advisors made a presentation Jan. 20 to the fund's board to provide information. James F. Ward, trustee, expressed concern about performance continuity, saying he worried that using a transition manager would interrupt the performance reporting for managers. The board set no timetable for making a decision or seeking presentations from other firms.