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Directed Brokerage Program

Overview August 13, 2013

In accordance with ACERA’s Directed Brokerage Program (adopted in 2006), ACERA encourages all participating Investment Managers to utilize all the Corresponding Brokers, especially local and emerging Correspondent Brokers when such utilization does not comprise “Best Execution.”

Directed Brokerage Correspondent Brokers List

Directed Brokerage Policy

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475 14th Street, Suite 1000
Oakland, California 94612-1916

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