City of Stamford (Conn.) hired Boston Co. Asset Management as an...

City of Stamford (Conn.) hired Boston Co. Asset Management as an additional small-cap growth U.S. equity manager to run $6.6 million, to diversify its $180 million defined benefit plan, said Barry Kaplan, benefits manager. Mr. Kaplan said the allocation will be funded by reducing the $18.6 million portfolio run by the plan’s other growth manager, Amerindo Investment Advisors.