Maryland-National Capital Park & Planning Commission Employees’ Retirement System, Riverdale, Md., hired Alliance Bernstein to run $40 million in active domestic large-cap value equities for the $465 million system, said Mark Brubaker of Wilshire Associates, the plan’s consultant. Funding came from reducing the allocations to fixed-income managers Goldman Sachs Asset Management and Western Asset, which ran $46 million and $93 million, respectively. Further details were not available by press time.
Maryland-National Capital Park & Planning Commission Employees'...
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