Holland & Knight LLP, Lakeland, Fla., will add the Neuberger Berman High Income Bond, Royce Low-Priced Stock and Lazard Emerging Markets funds as investment options in its $300 million 401(k) plan, effective Oct. 1, said Linda Lake, retirement benefits coordinator. The plan will drop the Morgan Stanley Institutional High Yield portfolio, which has been on watch for performance for more than a year, and the Fidelity Low-Priced Stock fund, which closes at the end of this month, Ms. Lake said. The Lazard fund will be the plan's first emerging markets option. Andrea Slattery, Morgan Stanley spokeswoman, didn't return a call by press time seeking comment.
The plan will offer 20 investment options. Brock-Hazzard Investment Group of Wachovia Securities assisted.