Lyxor Gets More From CalSTRS

Apr 25 2012 | 1:14pm ET

Lyxor Asset Management must be impressing the California State Teachers' Retirement System.

The $155.5 billion pension fund has already increased its allocation to Lyxor, which was hired late last year. The increase came in the last quarter, HFMWeek reports.

Lyxor was picked to develop CalSTRS' new global macro hedge fund strategy. It is unclear how much the firm is running for the pension.

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