Swampscott (Mass.) Contributory Retirement System picked DePrince Race & Zollo, Eaton Vance Management, LSV Asset Management and Wedge Capital Management as finalists in its search for an active domestic large-cap value equities manager to run $5.7 million, said Richard DiPesa, retirement administrator. The finalists will be interviewed by the end of May, he said. The $29 million system terminated Fox Asset Management, which ran the assets in a similar style, because of personnel changes.
Segal Advisors is assisting.