City of Flint (Mich.) Employees Retirement System narrowed a search for its first S&P 500 index manager to three finalists and is expected to make a decision at its March 16 board meeting, said Lisa Dedolph, retirement supervisor for the $750 million fund. The finalists are: Bankers Trust; Northern Trust; and State Street Global Advisors. Diversification is the reason for the search. Portfolio size and funding source are undetermined. Callan Associates is assisting.
City of Flint (Mich.) Employees' Retirement System narrowed a search...
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