Montana Power Co., Butte, is considering investment changes as a result of a recently completed asset allocation study for its $283 million defined benefit plan, said Treasurer Ellen Senechal, who declined to say what specific changes are being considered. A decision is expected by October. Separately, Brandywine Asset Management was hired to replace Firstar Investment Research & Management as a $28 million small-cap value U.S. equity manager for performance reasons, Ms. Senechal said. Marian Zentmeyer, CIO for Firstar, did not return phone calls by press time. Mercer assisted.
Montana Power Co., Butte, is considering investment changes as a...
Sponsored
White Papers
Sponsored Content
Partner Content