Pa. Plan Makes Hires For New Currency, Commodities Programs

Jun 16 2006 | 9:59pm ET

The $54 billion Pennsylvania Public School Employees' Retirement System has made hires for its new currency and commodities programs.

The fund has selected Pareto Partners to handle a currency hedging overlay strategy for 30% ($3.1 billion) of its international equity portfolio, and Goldman Sachs Asset Management to handle 0.25% ($1.35 billion) of total assets in a currency overlay mandate.


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