City of Darien (Conn.) hired Harbor Capital Management to replace...

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.