Montgomery County Employees' Retirement System, Rockville, Md., hired...

Montgomery County Employees’ Retirement System, Rockville, Md., hired Capital Guardian to run $130 million in active international equities, said Patrick F. Bell, director of pension investments. The $1.8 billion fund increased its allocation to international stocks to 14% from 10% of total assets. Funding will come from reducing a passive international equities portfolio run by State Street Global.