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CalSTRS in talks with Lyxor while trustees hire Millennium Global for currency overlay

March 03, 2011  

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The $132.5 billion California State Teachers’ Retirement System is rounding out its global macro consultant search with the announcement of an intent to award a deal to Lyxor Asset Management.

Lyxor Asset Management is now in the top 10 largest funds of funds. The Paris-based firm, owned by Société Générale, has $16 billion in funds of funds but a total of $27.2 billion in alternative...

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