Frederick County Employees Selects New Equity Managers

The Frederick County Employees Retirement Plan (FCERP) has selected four new equity managers, according to recently posted board minutes.

In non-U.S. equity, FCERP selected MFS International Growth, replacing American Funds EuroPacific Growth, while for non-U.S. growth manager, FCERP selected DFA World ex US Value, replacing Hartford Schroders IMCV.

FCERP also selected new managers for its U.S. mid-cap growth and value strategies. T. Rowe Price Mid Cap Growth Equity replaces T.Rowe Price Mid Cp Gr Inv and Boston Partners/Robeco Mid Cap Value replaces John Hancock Disciplined Value Mid-Cap.

FCERP also recently selected new managers for its US large-cap value and growth strategies, as well as its US small-cap growth strategy, as reported by Dakota on August 13.

The Baltimore-based pension oversees approximately $1B in assets, according to Dakota data.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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