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Townsend Sale a Tale of the Times

By Arleen Jacobius

Adding to the pressures, asset owners are beginning to hire general investment consultants for specialty consulting work to reduce the workload on their staffs, said Stuart Blair, director of research at Newport Beach, Calif.-based Canterbury Consulting Inc.

"Managing multiple service providers and coordinating their output while focusing on asset allocation is difficult," Mr. Blair said. "Who will coordinate all that?"


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