Anne Arundel Retirement Systems, Annapolis, Md., hired Marvin & Palmer...

Anne Arundel Retirement Systems, Annapolis, Md., hired Marvin & Palmer to manage $25 million in emerging markets equities. Funding will come from cash, said John R. Hammond, budget officer. The hire was the $880 million plan’s last move in carrying out the recommendations of an asset allocation study by New England Pension Consultants.