The State Universities Retirement System (SURS) Board of Trustees met on April 16. SURS board took the following actions:
Terminated Longtail Capital as a systematic trend following manager and
Terminated Xponance Asset Management as a global equity manager of managers.
Both terminations were due to below benchmark performance. Assets will be reallocated among existing managers and new managers hired under RFPs currently in progress.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
