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Minnesota’s push into passive

A disillusionment with active has led Minnesota to double its passive allocation in public equities, a strategy that sits alongside a commitment to long-term investing in private markets.
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Maryland applauds departing CIO

The US$587 million Maryland State Retirement and Pension System (Maryland SRPS) has confirmed the departure of its chief investment officer, Mansco Perry III (pictured), to the position of CIO of the endowment fund of Macalester College in Saint Paul, Minnesota.