Arkansas Deferred Compensation Fund, Little Rock, added the Julius Baer International Equity fund as an investment option and dropped the Columbia Acorn International fund, said Mimi Hurst, financial consultant with Stephens Inc., the plan's investment consultant. The $245 million 457 plan made the move following market-timing allegations involving Columbia Funds, Ms. Hurst said. Alexis Richel, Columbia spokeswoman, declined comment.
The plan offers 30 funds. CitiStreet is the record keeper.
