Texas Tobacco Settlement Trust Account, Austin, postponed searches for three equity managers. Paul Ballard, CEO and CIO of the Texas Treasury Safekeeping Trust, which oversees the $2.5 billion tobacco trust, said the searches for active domestic large-cap growth and value, and international equity managers may be cancelled after he has reviewed the funds current asset mix and investment strategy.
Texas Tobacco Settlement Trust Account, Austin, postponed searches for...
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