Oregon Retail Employees, Tigard, hired Putnam Investments to run $22 million in core international equity. Funding came from the funds fixed-income portfolio.
Also, the $450 million Taft-Hartley pension trust fund will announce in May its decision in its search for two real estate managers to handle $10 million each. Consultant RV Kuhns recommended the searches, said Gene Pronovost, union president. The fund is not requesting inquiries.