CalSTRS Chooses Three For New Program

By Marc Sorondo

May 19, 2008

The California State Teachers' Retirement System (CalSTRS) has selected three firms to implement a new developing manager program for its $32.7 billion fixed-income portfolio. CalSTRS Spokesman Ricardo Duran said that Access Capital Strategies, Community Capital Management and Leading Edge Investment Advisors and will focus on core-plus and high yield bond strategies.

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