The retirement fund has been around since the 1940′s but it’s teetering off a precarious ledge. The review board found the fund will run out of assets by 2043, in a best-case scenario.
Wilshire, a global investment technology and advisory company, and Rayliant, an Asia-focused fund manager dedicated to providing innovative quantitative investment solutions, today announce a collaboration to develop a new generation of quantitative strategy indexes to give institutional investors access to new passive investment opportunities.