Large Pension Funds Trimming Broker Lists to Bolster Service

Hintze, John
May 2009
Securities Industry News;5/4/2009, Vol. 21 Issue 10, p1
Trade Publication
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.


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