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Michigan Seeks Int’l Equity Managers

The Michigan Department of Treasury, Bureau of Investments, is looking for new active international equity managers.

The Michigan Department of Treasury,Bureau of Investments, is looking for new active international equity managers, Pensions & Investments reports. The managers will be appointed to run around 2%, or over $1 billion, of the total portfolio.

General consultant of the system Kuhns & Associates is assisting with the external manager searches. The bureau handles the Retirement Systems, Lansing, which totaled $51.36 billion as of March 31.

Click here for the story from Pensions & Investments.

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