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Securities

March 28, 1995| Times Staff and Wire Reports

CalPERS Returns to Bond Manager: The California Public Employees Retirement System has restored management of $1 billion in fixed-income assets to Internationale Nederlanden Groep, a spokesman for the $78-billion pension fund said. CalPERS pulled management of the bonds from Baring International Investment Ltd., a division of Barings, after the bank collapsed in the wake of trading losses caused by an employee in Singapore. ING, a Dutch financial services company, bought the assets of Barings, Britain's oldest investment bank. CalPERS had temporarily turned over management of the bonds to Warburg Investment Management International Inc.

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