Taunton Contributory Retirement Hires Two Mid Cap Managers

The Taunton Contributory Retirement System has elected two Mid Cap managers, according to materials from the May 29, 2024 board meeting. 

They retained Allspring as the  Mid Cap Value Manager. 

Federated Hermes was selected as the Mid Cap Growth Equity Manager. Fiera Capital and Davenport Asset Management were also considered. 

As of December 31, 2023, the $407 million pension fund allocates approximately 11.4% to mid cap equity with a target of 10%.

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