Carondelet Health System, St. Louis, terminated Fox Asset Management...

Carondelet Health System, St. Louis, terminated Fox Asset Management as domestic large-cap value equities manager for its pension fund, its health investment pooled fund and its self-insurance trust fund because of recent changes in management at the money management firm, said Tanya Rhodes, vice president of finance and controller. The Catholic, non-profit health system’s $61.5 million pension fund hired Tattersall Advisory Group to manage $20.9 million in domestic fixed income and Riggs Investment Management to manage $6.6 million in domestic, large-cap value stocks, Ms. Rhodes said. The health system’s $134 million investment pooled fund gave Tattersall $26.2 million for domestic fixed income, and RIMCO $11.8 million in domestic, large-cap value equity. Carondelet’s $30 million self-insurance trust fund also terminated Fox and hired RIMCO to run $5.5 million in large-cap value equities.