Alcon Laboratories Inc., Fort Worth, Texas, dropped two managers from its $750 million 401(k) plan in a streamlining move, said Thomas C. Mitchell, vice president and controller of retirement benefits and payroll. They are Ackerman Associates/Dallas Investment Management, a balanced manager; and INVESCO, a large-cap growth manager. The trustee-directed plan reallocated the assets to its five remaining managers. Mr. Mitchell declined to disclose the amounts.
Alcon Laboratories Inc., Fort Worth, Texas, dropped two managers from...
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