Government of Guam Retirement Fund, Maite, will hire Metropolitan West to manage $80 million to $100 million in domestic large-cap value, pending contract negotiations, said John Rios, executive director.
The $1.4 billion plan also named four finalists in its search for a domestic large-cap growth manager to handle $80 million to $100 million: State Street Research, Dresdner RCM, Edgewood Management and Janus Capital. The fund expects to announce a decision in June.
Mr. Rios did not identify the managers being replaced in either class or the reason for the change.
