Vulcan Materials Co., Birmingham, Ala., hired Mellon Capital Management to run $10 million in domestic bonds, and State Street Global Advisors, an existing S&P 500 index manager, to run a $3 million active EAFE portfolio for the $475 million defined benefit plan, said J. Wayne Houston, investment officer. The new managers will replace terminated domestic bond and EAFE manager Barclays Global Investors, Mr. Houston said. Performance was not an issue, he added. Wilshire assisted.
Vulcan Materials Co., Birmingham, Ala., hired Mellon Capital...
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