The $1.7bn Chicago Laborers' Annuity & Benefit Fund has dropped ABN Amro and Weiss Peck & Greer from its US large cap growth mandates, and given the money to existing index manager, Northern Trust.
James Capasso, the fund’s executive director, said that ABN Amro and Weiss Peck & Greer were terminated as it was unhappy with their performance. ABN Amro and Weiss Peck & Greer had managed $60m an...
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