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InvestorForce pay roll falls

The workforce at investment manager search service InvestorForce is set to drop from its peak of 159 to 146 following the departure of technology specialists and a demerger.

Cost savings are in contrast to the US InvestorForce's positive image, which has positioned the firm as a provider to such pension funds as California Public Employees' Retirement System (Calpers) and the City of New Orleans.

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