Louisiana Teachers' Retirement System, Baton Rouge, terminated ING...

Louisiana Teachers' Retirement System, Baton Rouge, terminated ING Furman Selz, which ran $300 million in active domestic large-cap growth equities, for performance and style drift, said Bonita Brown, director. The $11.5 billion plan will give $100 million each to its other large-cap growth managers, Goldman Sachs, Atlanta Capital and Smith Asset Management; each firm will then run about $450 million for the plan, said Dan Bryant, CIO. "This is a good opportunity to cut back," Ms. Brown said. Mark Spina, spokesman for ING, did not respond to a request for comment by press time.