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Austin Police terminates international equity manager

by trusted insight posted 3years ago 6058 views
Austin (Texas) Police Retirement System is liquidating its $16.1 million investment in the KBI Eco Water Fund, CEO Sampson Jordan said in an e-mail according to Pensions & Investments. 

Thompson, Siegel & Walmsley, an international large-cap manager; Driehaus Capital Management, an international small-cap manger, and LMCG Investments, an emerging markets equity manager, will be retained.

The $660 million pension fund has a 15% target allocation to international equity.

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