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Alaska to terminate mandate

March 05, 2012  

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The $11 billion Alaska Retirement System is in the process of terminating Mariner Investment Group, confirmed chief investment officer Gary Bader.

He added that there are no plans to replace the firm that managed a $192 million portfolio that had negative returns of -0.77% in the month of December, according to monthly financial reports. General counsel for Mariner declined to comment on...

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