Methuen (Mass.) Contributory Retirement System, with $67 million in...

Methuen (Mass.) Contributory Retirement System, with $67 million in assets, plans to pick finalists before its Aug. 30 board meeting in its search for a manager to run $25 million in active domestic large-cap core equities, said Terrylee Murphy, retirement board administrator. Funding will come from reducing a balanced portfolio run by David L. Babson. Segal Advisors is assisting.