GKN Automotive Inc., Sanford, N.C., is compiling a shortlist of managers for a $12 million active domestic large-cap value equity portfolio for its $41 million pension plan, said Patrick Tuttle, benefits manager. Funding will come from terminating an existing manager; he would not provide further details. A selection should be made by the first of March, he said. The plans current asset allocation is 60% equity, 30% fixed income and 10% cash. Salomon Smith Barney is assisting.
GKN Automotive Inc. , Sanford, N.C., is compiling a shortlist of...
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