McCallie School, Chattanooga, Tenn., hired Trustco to run its $4...

McCallie School, Chattanooga, Tenn., hired Trustco to run its $4 million pension plan, said Jessica L. Hibbs, controller. The plan terminated consultant Chartwell and dropped its previous investments, three equity mutual funds and one bond fund, she said. Plan officials wanted a bundled approach, she said. The plan's asset allocation is 65% equity and 35% fixed income.