Missouri State Employees' Retirement Association, Jefferson City...

Missouri State Employees’ Retirement Association, Jefferson City, hired two active all-cap domestic managers — Southeastern Asset Management, a pure value manager; and Oak Associates, a growth manager — to each run between $100 and $125 million, said Rick Dahl, CIO. The fund’s benchmark is the Russell 3000. Funding will come from a $1.6 billion passive S&P 500 index fund that is managed in-house.