Reading (Pa.) Firefighters Retirement Fund hired Cohen, Klingenstein &...

Reading (Pa.) Firefighters Retirement Fund hired Cohen, Klingenstein & Marks to manage $7.5 million in a large-cap domestic equities portfolio, said Barbara Adams, pension manager for the $31 million fund. Funding came from McGlinn Capital Management, which still manages $21 million in a balanced portfolio for the fund. ‘‘We wanted to diversify the fund,’’ said Ms. Adams, noting McGlinn had managed almost all of the fund before the manager change.