Plumbers, Local 14, Lodi, N.J., is considering a search for an additional large-cap value U.S. equity manager to diversify its $60 million defined benefit plan, said Charles Iversen, administrator. Portfolio size is undetermined. A decision is expected by July. Separately, RhumbLine was hired to replace Miller, Anderson & Sherrerd as a $10 million large-cap value U.S. equity manager for performance reasons, Mr. Iversen said. Joanna Vogel, spokeswoman for Miller, Anderson, declined to comment. Pension Fund Evaluation assisted.
Plumbers, Local 14, Lodi, N.J., is considering a search for an...
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