Central Illinois Laborers, Jacksonville, hired Putnam to manage $30 million in midcap domestic equities. Assets will come from new money, said Mark O'Toole, consultant with Marquette Associates, which assisted. The plan has about $600 million in total assets.
Sentinel Management Group, Chicago, selected Bank of New York as custodian for its $200 million in mostly futures cash under management, spokesman Richard Jones said. Previously, Sentinel used First Chicago NBD, which left the custody business