University of South Florida Foundation, Tampa, is expected to issue an...

University of South Florida Foundation, Tampa, is expected to issue an RFP for a high-grade convertible bond manager shortly after its Feb. 19 board meeting, said John Scott, CFO for the $195 million endowment. Society Asset Management, which already runs $17 million in high-grade convertible bonds, will manage the $17 million previously run by Phoenix, Duff & Phelps until a manager is hired, said Mr. Scott. He declined to say why Phoenix is being replaced.