Houston Police Officers Pension System, with $2.2 billion in assets...

Houston Police Officers Pension System, with $2.2 billion in assets, hired TT International to manage $130 million in active international equities. Funding came from reducing an international equity portfolio managed by Walter Scott, leaving it with $93 million until its contract expires, when the system will begin looking for a replacement. Tim Ng, chief investment officer, would not provide further details.