The Massachusetts Laborers Pension Fund, Burlington, Mass., hired Putnam Institutional Management to manage $20 million in mid- to small-cap OTC stocks. Assets came from index funds the fund uses in part to hold assets awaiting strategic allocation. The fund has $500 million in assets Further details were unavailable. Meketa Investment Group assisted in the change.
The Massachusetts Laborers Pension Fund, Burlington, Mass., hired...
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