Texas Prepaid Higher Education Tuition Board, Austin, rehired Northern Trust as a passive international equity manager, passive Treasury inflation-protection securities manager and global custodian for its $1.4 billion Texas Guaranteed Tuition Plan, spokesman Chris Bryan said in an e-mail. Northern Trust manages about $100 million in international equity and $83 million in TIPS for the 529 plan.
RFPs were issued in March and April because all three contracts were expiring.
