Chicago Teachers Selects Leading Edge As International Equity Emerging Manager of Managers

The $9.2 billion
Public School Teachers' Pension & Retirement Fund of Chicago hired
Leading Edge Investment Advisors to manage a $100 million international equity emerging manager-of-managers portfolio, Executive Director
Kevin Huber said. The hire was made at a board meeting yesterday. LEIA was selected over finalists such as
FIS Group and Attucks Asset Management (fin|daily, 1/15).
The plan issued an RFP for an international manager-of-manager in November following the announcement that incumbent
United Investment Managers was sold by
Laurence Gray to
Marcellus Taylor in September (fin|daily, 10/21; 9/17).
Robert Talaga, investment analyst at the plan, said LEIA has full discretion on the sub-advisors previously under UIM. They are
Ativo Capital Management,
Matterhorn Capital Management,
Boston Common Asset Management,
GlobeFlex Capital,
Brown Capital Management and
Atlanta Life Investment Advisors.
General investment consultant
Mercer assisted.
For more information about AAAIM trustee member LEIA:
www.leia.net