Financial Services Industry
Industry: Email Alert RSS FeedHirings; Alberta Workers Compensation.(Anne Arundel Retirement System hires Westwood Holdings Group)(First Eagle Funds hires State Street Corp)(John Hancock Funds hires State Street Corp)
Pensions & Investments, January, 2006
EDMONTON, Alberta - The Workers Compensation Board of Alberta selected State Street Global Advisors' Canadian unit to run a passively managed currency overlay on US$745 million in international investments, said Dave Lawson, chief investment officer of the US$4.2 billion fund. The mandate was created as a hedge against expected volatility in the currency markets, Mr.
Lawson said. Anne Arundel Retirement ANNAPOLIS, Md. - Anne Arundel Retirement System hired Westwood Holdings Group to run an active domestic large-cap value equity portfolio, according to John Hammond, chairman of the $1.2 billion system. The previous manager, Pacific Financial Research, was terminated after the firm was acquired by Barrow, Hanley, Mewhinney & Strauss, he said. Westwood...
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