San Bernardino (Calif.) Catholic Diocese 's lay employee pension fund...

San Bernardino (Calif.) Catholic Diocese’s lay employee pension fund invested $4 million in an institutional mutual fund run by Systematic Financial Management, said Mary Rose Wallace, diocesan CFO. The $20 million fund duplicates the investment style of Systematic’s active domestic large-cap value separate account approach with a lower minimum investment. Wurts & Associates assisted. Ms. Wallace declined to provide additional information.