Carbondale (Ill.) Firemen's Pension Fund trustees are interviewing...

Carbondale (Ill.) Firemen’s Pension Fund trustees are interviewing five finalists in their search for a manager to run all of the fund’s $10.5 million in assets, said Ernie Tessone, city treasurer. Incumbent Salomon Smith Barney is one of the finalists; the other four were not identified. The new manager will retain the current asset allocation, which is 62% fixed income and 38% domestic equities. The board’s policy is to review its managers every two years and interview other managers to see what’s available, said Mr. Tessone. A selection should be made by July, he said.