The 1.26 billion ($1.9 billion) Hampshire County Council...

The 1.26 billion ($1.9 billion) Hampshire County Council Superannuation Fund, Winchester, England, hired three balanced managers to run 767 million ($1.2 billion). Morgan Grenfell Asset Management will run 367 million; PDFM, 250 million; and CU Morley, 150 million. Dropped were Baring Asset Management, which had run 440 million, and Gartmore Pension Fund Managers, which managed 325 million. The firms didn't meet performance targets in the latter parts of their contracts, said David Wilson, technical finance manager