Arlington County (Va.) Supplemental Retirement System, with $1.1...

Arlington County (Va.) Supplemental Retirement System, with $1.1 billion in assets, hired Fidelity Investments to manage $40 million in a REIT as part of a tactical reallocation, said Bruce O. Kallos, administrator. The initial funding will come from taking $20 million out of domestic large-cap stock investments, with $10 million apiece from Trinity Investment Management and Credit Suisse. The system will fund the remainder later, Mr. Kallos said.