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| In 2004, the WSIB restructured its International Public Equity program with an emphasis on active management in developed markets and enhanced indexing to create more flexibility
and capture investment opportunities that could result in better returns as the economy improves. By 2006 the international program allocation was increased to remove the home country bias. The
allocation to the international equity program is now equal to the U.S. equity mandate. Within the international program the WSIB has a 10% allocation to dedicated emerging markets managers. |
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