New York City Deferred Compensation Plan hired T. Rowe Price to manage $153 million in small-cap equities. The firm will replace AIM, which had been in the running. T. Rowe Price was hired in March for a $43.4 million international equities mandate for the $2 billion plan. The plan also will
retain FASCorp as record keeper. Mercer assisted.
Ruby Tuesday Inc., Mobile, Ala., hired Prudential Investments to provide quasi-bundled services for its more than $9 million 401(k) plan. Nine investment options from Prudential and other firms will be offered. A spokeswoman declined to name the previous manager.