The Boston Water and Sewer Commission pension fund replaced Cambridge Associates with the Hannah Group as its consultant, said Luciano Petriuzziello, deputy director of finance. ``Our contract with Cambridge Associates had expired, and the Hannah Group was the lowest qualified bidder,'' he said. The $40 million fund has 60% in stocks and 40% in bonds. Officials do not anticipate any investment changes, he said.
State Loan and Investment Board, Cheyenne, Wyo., hired Abel/Noser and Capital Institutional Services for commission recapture. The amounts have not been determined. The $3.2 billion fund also will conclude its search for a large-cap manager at its June 5 board meeting. R.V. Kuhns is assisting.