Mississippi Health Care Trust Fund, Jackson, hired Froley, Revy to...

Mississippi Health Care Trust Fund, Jackson, hired Froley, Revy to manage a $45 million convertibles portfolio, said Deputy Treasurer Elizabeth Majure. The $284 million trust is Mississippi’s share of the tobacco settlement between major cigarette manufacturers and the states. Mississippi expects to receive an additional $76.5 million in December and $145 million in January. The board also will begin interviewing large-cap stock managers in November, said Ms. Majure.