Morgan Stanley, New York, added five separately managed accounts as investment options in its 401(k) plan in 2016, the company disclosed in an 11-K filing with the Securities and Exchange Commission on Tuesday.
The company added a short-term U.S. Treasury option managed by BlackRock, an active domestic midcap value equity option managed by Thompson, Siegel & Walmsley, an active domestic small-cap value equity option managed by William Blair & Co., and active domestic midcap growth and value equity options managed by Chartwell Investment Partners.
Separately managed accounts removed during 2016 were an active domestic small-cap value equity option managed by Royce & Associates and an active domestic midcap value equity option managed by Systematic Financial Management.
The reasons for the changes were not provided in the 11-K filing.
As of Dec. 31, the Morgan Stanley 401(k) Plan had $9.1 billion in assets, according to the 11-K filing.
Morgan Stanley officials could not be immediately reached to provide further information.