Indiana Public chooses RhumbLine

Indiana Public Employees’ Retirement Fund, Indianapolis, hired RhumbLine to run $100 million in a Russell 200 index fund compliant with the state’s Sudan divestment law, said Jeffrey D. Hutson, director of outreach and communication for the $17.2 billion fund. Information on funding wasn’t available. RhumbLine was also retained, along with SSgA, for potential passive portfolios to be used in the rebalancing of the domestic global, or international equity portfolios. Mercer assisted.