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Penn Borough To Hire Investment Manager

The Borough of Wilkinsburg is looking for a new investment manager.

The Borough of Wilkinsburg is looking for a new investment manager, Pensions & Investments reports. The new appointee will be responsible for managing assets of three pension plans of the region, located in Pennsylvania.

The selected candidate will be the sole manager of the general employees, police and firefighters’ pension plans, with total assets of $13 million. Incumbent manager PNC Financial Services Group is also allowed to rebid.

Click here for the story from Pensions & investments.

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