IBEW Local 102, Parsippany, N.J., hired MFS Institutional Advisors to manage $18 million in active domestic large-cap value equities, said Patrick DelleCava, business manager. The $200 million pension plan terminated Oppenheimer Capital, which ran the money in a similar style, for performance. Oppenheimer still manages $23 million in a fixed-income portfolio benchmarked to the Lehman Aggregate Bond index, Mr. DelleCava said. Brad Goldman, senior vice president at Oppenheimer, did not return calls seeking comment by press time.
IBEW Local 102 , Parsippany, N.J., hired MFS Institutional Advisors to...
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