PNM Resources picks up J.P. Morgan, Arcadian funds for 401(k) plan PNM Resources Inc., Albuquerque, N.M., added the J.P. Morgan Large Cap Growth Fund and Acadian All Country World ex-U.S. Equity collective investment trust to the investment options lineup of its 401(k) plan in 2020. As of Dec. 31, the active domestic large-cap growth equity fund managed by J.P. Morgan Asset Management and the active international equity CIT managed by Acadian Asset Management had $82 million and $42 million, respectively, in assets in the plan, according to the company''s 11-K filing Monday with the SEC. A comparison of this year''s 11-K filing and last year''s filing shows the plan removed the Vanguard PRIMECAP Fund and the Pzena International Value All-Country (ex-U.S.) CIT from the lineup in 2020. As of Dec. 31, 2019, the active domestic large-cap equity fund managed by Vanguard Group and active international value equity CIT managed by Pzena Investment Management had $85 million and $41 million, respectively, in assets in the plan, according to the prior 11-K filing.