St. Louis Public School Retirement Liquidates Fixed Income Manager

The St. Louis Public School Retirement System has approved liquidating the Xponance Fixed Income strategy, according to meeting minutes from the June 26 board meeting.

Previous meeting minutes show that this comes after news of Xponance moving away from the strategy that the Retirement System is invested in.

It was approved to reallocate the funds to the current core fixed income manager, Manulife.

AndCo assisted with the recommendation.

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