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Investment Management Newsflashes

TowerGroup Predicts Increase in Outsourcing Contracts for Asset Management Industry; Missouri State Employees' Retirement System Outsources to DST International; RBC Dain Rauscher Launches Unified Managed Account Program; NorthStar Announces 'Active' Investment Policy Statement; NWQ Investment Management Company Picks Charles River IMS

Missouri State Employees' Retirement System Outsources to DST International

Missouri Sate Employees' Retirement System (MOSERS) recently implemented HiRisk, DST International's (DSTi) risk management software, which DSTi markets to the investment management industry. MOSERS will use the systems for its portfolio of investments including equity, fixed income and alternative investments. "The HiRisk system is a tool that will allow us to improve risk measurement on behalf of our pensioners in a highly disciplined and quantitative manner across our entire portfolio of investments including, public and private equity, nominal bonds, inflation indexed bonds, credit spreads, currencies, commodities and real estate," said Rick Dahl, MOSERS' CIO, in a statement.

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