The $240 million-plus Cambridge (Mass.) Retirement System has picked Putnam Investments, IDS Advisory Group and Loomis, Sayles as finalists in its search for a domestic growth stock manager, confirmed Alison Ellsworth, consultant at Segal Advisors, who is assisting in the search. The new manager will receive about $20 million; funding will come from reallocating assets among existing managers. The final selection will be made by the end of the month.
The $240 million-plus Cambridge (Mass.) Retirement System has picked...
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