The $147bn (€169.7bn) California Public Employees' Retirement System (Calpers) has appointed four investment managers to manage an active emerging markets portfolio of up to $1bn.

The four firms are AllianceBernstein in New York, Capital Guardian Trust Co in Los Angeles, Dimentional Fund Advisors in Santa Moncia and Genesis Asset Managers in London.

Calpers appoints managers for $1bn emerging markets portfolio

Pirkko Juntunen

State Street

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