Workers’ Compensation Reinsurance Association, St. Paul, Minn., hired INVESCO to manage a $50 million active EAFE portfolio. INVESCO replaces Investment Advisers, which the $1.3 billion workers’ compensation fund terminated because of personnel turnover and performance issues, said Keith Summers, investment manager. Officials at IAI did not comment by press time.
Workers' Compensation Reinsurance Association, St. Paul, Minn., hired...
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