St. Louis County Retirement Plans, Clayton, Mo., plans to issue an RFP for a firm to run $40 million in active domestic large-cap core equities, said Kirk McCarley, personnel director. Incumbent Independence Investment has been on the $340 million plan's watchlist for performance since the third quarter, he said. Independence will be allowed to rebid. The RFP will be available from Summit Strategies; further details have not been determined.
Mark Lapman, Independence CEO, could not be reached for comment by press time.