Hirings.(The Andersons Inc. hired Sky Trust as global custodian for pension plan; notes other hirings)

Pensions & Investments, July, 2003

The Andersons MAUMEE, Ohio - The Andersons Inc. hired Sky Trust as global custodian for its $24 million pension plan, said Linda Lager, benefits administrator. Sky Trust replaces Key Bank, the plan's longtime custodian, because Sky Trust already handled most of the company's other banking needs, Ms.

Lager said. The pension committee may occasionally employ Sky Trust's investment advisers as consultants to the plan, which is internally managed, Ms. Lager said. Austin Police AUSTIN, Texas - The $275 million Austin Police Retirement System hired PIMCO to run $15 million in active domestic low-duration fixed income, said Sampson Jordan, pension administrator. Funding came from reducing three active equity portfolios by $5 million each: Brandes now runs $30...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.