HARRISBURG, Pa. -- The $865 million Pennsylvania Municipal Retirement System awarded additional money to two U.S. equity managers with good performance records for the past year, said James B. Allen, chairman of the board.
Chase Investment received $5 million to add to its $100 million large-cap growth portfolio.
Another $3 million went to Provident Capital's $30 million small-cap value portfolio.
Assets for the two awards came from the Pennsylvania fund's cash flow.
