Ascension Health, St. Louis, next week will review a shortlist of 10 active domestic small-cap to midcap growth equities managers, said Mark Amiri, treasurer. Funding might come from terminating at least one equity manager because of investment strategy and performance, he said. He would not disclose the size of the portfolio or name the plans current managers.
Officials for the $1.7 billion pension plan will contact three managers by the end of May to make presentations, he said. A date for selection has not been finalized. The plans asset allocation is 60% equity and 40% fixed income.