City of Baltimore hired CitiStreet as bundled provider of its $200 million 457 plan and will make several changes to its menu of 16 investment options, said Ed Gallagher, deputy director of finance. It will add three Smith Barney asset allocation funds, a Smith Barney large-cap growth fund and a MetWest bond fund. The plan will also offer a stable value fund managed by State Street Global; Mr. Gallagher did not identify the provider of the plan's previous stable value option.
CitiStreet replaced Great-West Benefit Services, which had been the plan's record keeper and money manager since 1994, he said.
