CalPers chooses AXA for European equity brief

US – The US$160bn (e171.5bn) California Public Employees Retirement System (CalPers) has selected AXA Rosenberg Investment Management to manage a US$600m European broad market equity portfolio, benchmarked against the FTSE Europe index. The brief will be managed by the company’s London office.

“The award of a Europe mandate from a well-known and prestigious client such as CalPers recognises the strength of our investment approach, which uses a series of centralised expert systems to analyse data and build portfolios in all markets of the world,” says Ceil Baron, director of marketing at AXA Rosenberg in Orinda, California.

The manager currently has US$2.3bn assets under management in European equities.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2511

    Asset class: Commodities.
    Asset region: Global.
    Size: $10m.
    Closing date: 2019-02-25.

Begin Your Search Here