Sisters of St. Francis Charitable Trust, Dubuque, Iowa, hired Security Management to run active domestic core small- and midcap equities.
Trust officials referred inquiries to their vendors. Richard Wells, Security services coordinator, and Mike Michalski, vice president at Concord Advisory Group, consultant, said the trust doesn’t want information released on the size of the account and the trust, or other details.
The portfolio will be run as a separate account, Mr. Wells said.
