Washtenaw County Retirement System, Ann Arbor, Mich., terminated Wellington Management as an international equity manager for performance reasons, said Catherine McClary, treasurer for the $190 million fund.
RFPs will be issued sometime next month for the $10 million portfolio, said Ms. McClary. `It is our policy not to comment on such matters,'' said Lisa Finkel, vice president of corporate communications for Wellington.
Separately, the board hired Loomis, Sayles to replace Sirach Captial Management to manage an $11 million small-cap growth portfolio.
Ms. McClary said Sirach was terminated for performance reasons. Harvey Bateman, CIO for Sirach, did not return phone calls by press time.