The California Public Employees’ Retirement System (CalPERS) has been applying Ermitage Group’s OPTICS advanced portfolio management system to its Risk Managed Absolute Return Strategies Program (RMARS) and Global Equity Program.
Following a trial phase completed in the first quarter of 2010, Ermitage has now reached an agreement with CalPERS, its first external client for the system, to license OPTICS. Ermitage has been...