Mississippi Public Employees' Retirement System, Jackson, selected...

Mississippi Public Employees’ Retirement System, Jackson, selected four finalists in its search for an active domestic fixed-income manager to run $100 million. The $16.5 billion plan wants to increase its active fixed-income allocation, which represents 30% of total assets, closer to its 50% active, 50% passive target, said Lorrie Tingle, deputy director, investments. The current allocation is 65% passive, 35% active. The system plans to make a decision later this month, Ms. Tingle said.