Workers' Compensation Reinsurance Association, St. Paul, Minn., hired...

Workers’ Compensation Reinsurance Association, St. Paul, Minn., hired INVESCO to manage a $50 million active EAFE portfolio. INVESCO replaces Investment Advisers, which the $1.3 billion workers’ compensation fund terminated because of personnel turnover and performance issues, said Keith Summers, investment manager. Officials at IAI did not comment by press time.