City of Darien (Conn.) hired Harbor Capital Management to replace Wright Investors Service as sole manager for its $26 million Police Pension Fund and $26 million Fire Pension Fund for performance reasons, said Ted Covert, board chairman. Harbor will manage $11.4 million in domestic equity and $7.8 million in domestic bond portfolios for the fire fund; and $11.7 million in domestic equity and $7 million in domestic bonds for the police fund. Judith Corchard, executive vice president for Wright, did not return phone calls regarding the termination by press time.
City of Darien (Conn.) hired Harbor Capital Management to replace...
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