PA PSERS Hires Fixed Income Managers

The Pennsylvania Public School Employees’ Retirement System has approved the hiring of two core fixed income managers, J.P. Morgan Asset Management and Garcia Hamilton & Associates. 

Both investment managers will receive an initial funding of $500 million with the possibility for additional investments of up to $1 billion. 

Verus aided with the recommendations.

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Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.