Sprint Corp., Kansas City, Mo., hired MDL Capital Management, a...

Sprint Corp., Kansas City, Mo., hired MDL Capital Management, a minority-owned investment management firm, to manage $40 million in active domestic fixed income for its $3.3 billion pension fund. The hiring was part of the company’s effort to "enhance Sprint’s managerial diversity,’’ said Bill Searcy, Sprint pension and savings trust officer. Money for the new manager will come from a fixed-income index fund.