TITLE

Large Pension Funds Trimming Broker Lists to Bolster Service

AUTHOR(S)
Hintze, John
PUB. DATE
May 2009
SOURCE
Securities Industry News;5/4/2009, Vol. 21 Issue 10, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Teacher Retirement System (TRS) of Texas has undertaken steps to categorize its broker-dealers based on the level of service they provide. This action reflects a growing emphasis among institutional investors on reevaluating the brokers they work with. TRS sent out a questionnaire to broker-dealers seeking details about the firms.
ACCESSION #
39663291

 

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