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Barclays Global Investors, launched in 1971 and based in San Francisco, California, is a Barclays Public Limited Company business that provides 3,000 institutions across 40 countries with investment management services. In 2007, the firm had over $2 trillion in assets under management. Clients represent 300 of the world's largest pension funds. Barclays Global Investors is one of the largest managers of tax-exempt assets in the world. The firm handles equity, fixed income, cash, commodity, currency, derivative, real estate, and other global funds. The firm's 2,800 funds are benchmarked across 250 indexes. Barclays Global Investors' LifePath Portfolios (R) support retirement investing. The company's quantitative investment management methodologies are employed in creating the diversified plans. Barclays Global Investors introduced the first index strategy in 1971, the first quantitative fund in 1979, and the first active bond strategy in 1995. The firm also provides clients with transition, securities lending, and other investment services. Barclays Global Investors' Strategic Solutions Group provides over 70 clients with liability-driven investment services. Barclays Global Investors maintains additional offices in the United Kingdom and Canada. The company has won recognition from 'Global Investor.'
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