Texas Permanent School Fund Approves $900 Million in Active Quantitative EM Equities
Posted on 09/21/2014
Mandates on emerging market equities continue to proliferate among U.S. public funds. The Texas State Board of Education has awarded two external managers the mandate to manage US$ 900 million in emerging markets. BlackRock and and New Jersey-based Quantitative Management Associates, owned by Prudential Financial, Inc., will each manage US$ 450 million in active, quantitative […]
- active management
- Blackrock
- Blackstone Group
- board
- Emerging Markets
- Europe
- Policy
- Real Estate
- Texas Permanent School Fund
- TPSF
