Corrections: The Segal Co. is actuary for the $1.5 billion North Dakota Public Employees Retirement System, Bismarck. The July 5 P&I Daily reported the wrong name.
Alex Ryer, hired as a portfolio manager by Northern Trust, is not replacing Hank Nguyen; the timing of Mr. Ryer's hiring is "coincidental" with Mr. Nguyen's departure, according to Northern Trust spokeswoman Christine Harmon. Ms. Harmon had said in the July 13 P&I Daily that Mr. Ryer was replacing Mr. Nguyen.