Correction: New York State Deferred Compensation

MacKay Shields manages $760 million in short-duration assets benchmarked to the Bloomberg Barclays 1-3 Year Government/Credit index for the New York State Deferred Compensation Plan, Albany. Its contract expires Sept. 30, 2020, and it can rebid. Incorrect information was provided on the manager of the strategy for a Jan. 19 P&I Daily story.

MacKay Shields manages $760 million in short-duration assets benchmarked to the Bloomberg Barclays 1-3 Year Government/Credit index for the New York State Deferred Compensation Plan, Albany. Its contract expires Sept. 30, 2020, and it can rebid. Incorrect information was provided on the manager of the strategy for a Jan. 19 P&I Daily story.