Florida State Board of Administration has appointed MSCI Barra to offer a total risk model to inspect its investment holdings, Pensions & Investments reports. The board, which has $158.8 billion in investment holdings, currently does not have a total fund risk model.

Currently, the FSBA employs holdings-based risk models from Wilshire Associates for fixed income and MSCI Barra for global equity. The new appointment will not affect the existing assignments.

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