Indiana State Teachers' Retirement Fund, Indianapolis, hired...

Indiana State Teachers’ Retirement Fund, Indianapolis, hired Holt-Smith & Yates to manage $25 million in active domestic large-cap growth equities. Funding came from reducing an S&P 500 index fund managed by Barclays Global Investors, leaving it with $975 million, said Robert Newland, chief investment officer for the $6 billion fund. The change was made for diversification.