San Antonio Fire and Police Pension Fund hired Donaldson & Co. as transition manager, said Warren Schott, executive director. Donaldson is also the $1.5 billion plan's commission recapture broker. Its first assignment will be to move $60 million into an internally managed S&P depository receipt portfolio from an active domestic large-cap core equity portfolio run by Fortis Investments, which was terminated last week, Mr. Schott said.
San Antonio Fire and Police Pension Fund hired Donaldson & Co. as...
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