CalPERS selects MSCI Barra for performance analytics

CalPERS, the California Public Employees' Retirement System with more than $230 billion under management, has selected MSCI Barra to help it select and monitor external equity managers. The Barra Analytics will evaluate the risk and performance of external managers and perform due diligence on prospective ones. Meanwhile, MSCI Barra, which also provides benchmark indices and other risk management products, has opened a new sales office in Dubai. The vendor says it has seen a significant incr