East Hartford (Conn.) Town Retirement System hired Dimensional Fund Advisors to run its $130 million in plan assets in a passive strategy, said Michael Walsh, town finance director. DFA replaced active equity managers Aeltus, Brandes and Simms Capital, and fixed-income managers William Blair and Allegiance, he said. Trustees were impressed with the academic research behind DFA's approach, he said. Newly hired investment consultant Symmetry Capital Advisors assisted.
East Hartford (Conn.) Town Retirement System hired Dimensional Fund...
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