Crown Cork & Seal Co. Inc., Philadelphia, hired the Clifton Group to manage $40 million in an enhanced S&P 500 index portfolio for its $850 million pension plan, according to James Malek, director of pension fund investments. Funding will come from termination of a $50 million domestic active large-cap growth equity mandate run by Goldman Sachs Asset Management. The fund wanted to "realign our asset allocations, Mr. Malek said.
Crown Cork & Seal Co. Inc. , Philadelphia, hired the Clifton Group to...
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