Delaware Public Employees Retirement System , Dover, hired Armstrong...

Delaware Public Employees Retirement System, Dover, hired Armstrong Shaw Associates to manage about $150 million in active domestic large-cap value equities for the $5.1 billion pension plan. Funding will come from reducing a Russell 1000 index fund run by Barclays Global Investors, said A. Dale Stratton, pension board chairwoman. BGI retained $230 million in two index funds.