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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Tom Dresslar

TIAA-CREF to manage California’s 529 college plan

Posted by RJ and Makay on Jun 20, 2011

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California has chosen TIAA-CREF to manage its college savings plan that contains about $4 billion in assets. The ScholarShare Investment Board that oversees the state’s 529 program voted this past Monday to award the investment management firm a five-year contract. TIAA-CREF will replace current manager Fidelity Investments, whose contract expires in November.