Spokane Employees' Retirement puts Sterling Capital on watch
Spokane Employees' Retirement System placed domestic midcap value equity manager Sterling Capital Management on watch due to performance concerns.
Source: pionline.com
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Alaska Railroad again punches Hyas Group's ticket as investment consultant
Alaska Railroad Corp., Anchorage, rehired Hyas Group as investment consultant for its $254 million defined benefit plan, $127 million 401(k) plan and $8 million 457 plan, said Michele Hope, contract administrator, in an email. The railroad had issued an RFP in October due to the impending…
Source: pionline.com
Morgan Stanley buys another retirement planning firm
Morgan Stanley announced it is acquiring a Denver-area retirement planning firm with $72 billion in assets, Cook Street Consulting.
Source: investmentnews.com
Spokane Employees pulls $5 million investment from OrbiMed
Spokane Employees' Retirement System redeemed its $5 million investment in OrbiMed Advisors' long-biased health-care strategy.
Source: pionline.com
Phoenix deferred comp puts MetWest on watch due to organizational changes
Phoenix Employees’ Deferred Compensation put MetWest Asset Management on watch because of an upcoming retirement at its parent company.
Source: pionline.com