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University of California divests hedge funds as CIO criticizes high fees, low returns

Outsourced Chief Investment OfficerFranklin Templeton taps Mercer’s Rich Nuzum to spearhead new OCIO initiativeRich Nuzum, the industry veteran who oversaw Mercer’s emergence as a global outsourced CIO giant in recent decades, is joining Franklin Templeton to spearhead that firm’s ambitions to become a contender in the space.DABy:Douglas AppellSBBy:Sophie Baker...

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