Marine Corps Community Service Pension Plan, Quantico, Va., made SEI sole manager of its $144 million defined benefit plan. The fund terminated active domestic fixed-income manager Miller, Anderson & Sherrerd and active large-cap value domestic equity manager David L. Babson, and gave the $54 million total they ran to manager of managers SEI, which already handled $90 million in active international equity and fixed income for the plan. The move was made to further diversify the plans investing options, said Fred Stout, treasury analyst.
Marine Corps Community Service Pension Plan, Quantico, Va., made SEI...
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