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Pension Funds

Los Angeles Fire & Police re-ups with 3 managers

Los Angeles Fire & Police Pension System entered into new three-year contracts with three existing managers: Loomis, Sayles & Co., Channing Capital Management and LM Capital Group, said Ray Ciranna, general manager of the $22.2 billion pension fund.

Loomis Sayles manages $634.6 million in a long-duration bond portfolio; LM Capital manages $320.6 million in an opportunistic fixed-income strategy and Channing manages $72.5 million in core equities.