ConAgra Inc., Omaha, Neb., hired Banc One Investment Advisors to...

ConAgra Inc., Omaha, Neb., hired Banc One Investment Advisors to manage $80 million in active domestic intermediate fixed income, said Scott Schneider, manager of debt and pension. The $1.4 billion pension plan will fund the hire in part by eliminating a temporary $50 million passive domestic bond portfolio managed by State Street Global Advisers; the remaining $30 million will come from reallocating assets controlled by other managers, to be determined by late January, he said. The fund’s current asset allocation is 55% equity, 27% fixed income and 18% alternatives.