Mississippi State University, Starkville, hired Duncan-Hurst to manage $6 million in active domestic momentum equity, replacing Delaware Investment Advisors, which managed $6 million in global fixed income, said David Easley, CFO. The $175 million foundation terminated Delaware after deciding the asset class was not an appropriate match, said Mr. Easley; and poor returns were another factor. Officials at Delaware did not respond by press time.
Wellesley Group assisted.