South Dakota State University Foundation, Brookings, shifted its assets into a $35 million active domestic large-cap and midcap value equity portfolio and a $5 million active international value portfolio managed by Wells Fargo, and a $5 million portfolio in active domestic small-cap growth equities handled by KB Growth Advisors, said Beth Abraham, controller of the $45 million fund. All of the foundations assets were in an active international large-cap value portfolio that had been managed by Norwest, which was purchased by Wells Fargo. The change was made for diversification, she said.
South Dakota State University Foundation, Brookings, shifted its...
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