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 […]

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