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Kansas PERS drops Guggenheim
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Kansas PERS drops Guggenheim

by trusted insight posted 4years ago 788 views
The $16 billion pension fund terminated Guggenheim Investments as a domestic smidcap value equity manager. Guggenheim ran $224 million in domestic smidcap value equity for the pension fund as of Dec. 31, according to Pensions & Investments. 

The assets will be split evenly between Mellon Capital Management and BlackRock (BLK), whose domestic large-cap index strategies “better fit (KPERS’) overall asset allocation,” Mr. Conroy said.

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