Philadelphia Public Employees' Retirement System is interviewing finalists in its search for a record keeper for its $360 million 457 plan, said Tony Johnson, CIO. Current record keeper Great-West is among the firms being interviewed; Mr. Johnson declined to name other finalists. The system will make a selection Feb. 26; a complete review of the plan's 10 investment options will follow, and changes are likely, Mr. Johnson said. Two options - MFS Union Standard Trust Equity and Janus Overseas funds - are under particular scrutiny due to the firms' ties to the mutual fund trading scandal.
Philadelphia Public Employees' Retirement System is interviewing...
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