Florida State Board of Administration, Tallahassee, will recommend trustees hire five managers to run options in the state’s new defined contribution plan at the board’s April 24 meeting. They are: BlackRock, running an enhanced bond index; Western Asset Management and Deutsche Asset Management, jointly running a core-plus bond investment option; and W.R. Huff and MacKay-Shields, a high-yield active bond investment option.
Florida State Board of Administration, Tallahassee, will recommend...
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