The nation’s largest public pension fund has selected four investment firms to oversee $1 billion of the programs assets that are invested in emerging market funds.

The California Public Employee’s Retirement System, known as CalPERS, picked AllianceBernstein, of New York, Capital Guardian Trust Company, of Los Angeles, Dimensional Fund Advisors, of Santa Monica, Calif., and Genesis Asset Managers, of London, to manage the assets.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.