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St. Louis Employees extends Summit Strategies Group contract

St. Louis Employees' Retirement System renewed the contract of investment consultant Summit Strategies Group, said Rich Olliges, accounting officer.

The $750 million pension fund's board approved a three-year extension for Summit at its meeting on Monday, Mr. Olliges said. The current contract expires on March 31, 2017. The new contract will run from April 1, 2017 to March 31, 2020.

There was no RFP issued.