![Mississippi pension fund places Epoch Funding Companions on watch Mississippi pension fund places Epoch Funding Companions on watch](https://bestinvestmentsnow.com/wp-content/uploads/https://s3-prod.pionline.com/s3fs-public/styles/1200x630/public/Mississippi-Capitol-Jackson_i.jpg)
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Mississippi Public Workers’ Retirement System, Jackson, permitted a suggestion at a board assembly Tuesday so as to add Epoch Funding Companions to its watchlist, a spokeswoman for the $31.2 billion pension fund mentioned in an e mail.
The asset supervisor was placed on watch as a result of its rolling three-year relative efficiency lagged the benchmark and peer group, the spokeswoman mentioned.
Epoch is likely one of the 4 asset managers overseeing the fund’s world fairness investments. It managed $891 million for the pension fund as of June 30. The agency didn’t return an e mail looking for remark.
The board additionally permitted eradicating Dimensional Fund Advisors from its watchlist as a result of its rolling three-year returns and peer rankings have outperformed the benchmark.
Dimensional is one in every of three corporations managing the fund’s U.S. small-cap fairness investments and had been on watch since September 2017. Dimensional managed $333 million in home small-cap fairness as of June 30.
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