Trustees Appoint Investment Managers

OHIO STATE TRUSTEES APPOINT INVESTMENT MANAGERS

     COLUMBUS -- The Ohio State University Board of Trustees 
appointed three new investment firms and reappointed several 
others to assist in the management of the university's $532 
million Endowment Fund.

     The new managers of fixed-income accounts and the amounts 
assigned to them are:

     -- The Common Fund, a higher education consortium, 
$10 million.
     -- Banc One Investment Advisers Corp., $10 million.
     -- Holt-Smith and Renk Inc., a Madison, Wis., firm owned 
entirely by women.

     Reappointed managers, type of funds, amounts allocated, and 
market value of those amounts are:
     -- Boatmen's Trust Co., fixed income account, $30 million 
allocated, $38,238,005 market value.
     -- The Chicago Corp., equities, $13.5 million, $57,007,774.
     -- Duff and Phelps Investment Management Co., fixed income, 
$15 million, $15,793,439.
     -- WR Lazard and Co., fixed income index fund, $30 million, 
$30,324,646.
     -- R. Meeder and Associates Inc., small capitalization 
equity index fund, $20 million, $26,871,260.
     -- Nicholas-Applegate Capital Management Emerging Growth, 
equities, $20 million, $21,251,880.
     -- Nicholas-Applegate Capital Management Mid Cap Growth, 
equities, $20 million, $46,578,008.
     -- University Managed, equities, $26,958,008 (varies), 
$61,534,053.
     -- University Managed, fixed income GNMAs, U.S. Treasuries 
and agencies, $22.5 million, $22,525,133.
     -- University Students (stock market classes), equities, $7 
million, $9,573,189.
     -- Wells Fargo Nikko Investment Advisors, international 
equity index fund, $20 million, $21,687,017; small capitalization 
equity index fund, $20 million, $24,437,354; Standard & Poors 500 
Equity Index Fund, $54.5 million, $56,048,709.
     -- Wood Island Associates Inc., equities, $10 million, 
$10,720,528.

                             #

Contact:  James L. Nichols, treasurer, (614) 292-6261.


[Submitted by: Von Reid-Vargas (ereid@magnus.acs.ohio-state.edu)
               
Mon, 5 Jun 1995 11:37:29 -0400]
All documents are the responsibility of their originator.