Bi-State Development Agency of the Missouri-Illinois Metropolitan District and Division 788 Amalgamated Trust Union, Employees' Master Trust Fund, St. Louis, hired Ellwood Associates as investment consultant, confirmed Sandra Griffin, contracting officer.
An RFP was issued in November. Incumbent consultant Fiduciary Consultants was invited to rebid but did not rebid for services. Ms. Griffin did not have finalist information.
The master trust, which consists of one pension fund for clerical workers and another for operations and maintenance employees, has about $100 million in assets.
