City of Detroit Police & Firemen's Retirement System will begin...

City of Detroit Police & Firemen’s Retirement System will begin interviewing finalists for a $100 million active large-cap value domestic equity portfolio next month. Funding will come from a Russell 1000 value index fund managed by RhumbLine, which received the money when the $4 billion fund terminated Loomis Sayles in February. RhumbLine will continue to manage $100 million for the fund. A decision is expected in August or later.