FCERA grants manager reprieve despite underperformance

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US - The Fresno County Employees' Retirement Association (FCERA) has decided not to put Oechsle International Advisors on watch, despite its international mandate having underperformed its benchmark in the one, three and five-year periods.

Oechsle's diversified international equity strategy for FCERA underperformed the MSCI EAFE index by 2.4% percentage points in the year ended 30 June, 0.1 percentage points in the three year, and 1 ...

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