Workers’ Compensation Reinsurance Association, St. Paul, Minn., plans to search for an active domestic large-cap growth equity manager to run $50 million. The $1 billion reinsurance pool will fund the portfolio through rebalancing; several managers in all asset categories are overweighted, said Keith Summers, investment manager.
Mr. Summers expects information on the search to be available soon at the association’s website, www.wcra-mn.com.
He expects WCRA officials to make a selection in the second quarter.
