New Hampshire Retirement System, Concord, rehired Fred Alger...

New Hampshire Retirement System, Concord, rehired Fred Alger Management after temporarily shifting assets to another manager following the Sept. 11 terrorist attacks. The board of the $4.5 billion pension fund voted last week to rehire the firm, which manages $225 million in active large-cap domestic growth equities, following a meeting with CEO Fred Alger. Ed Theobald, system chairman, said the board came away from the meeting assured the firm is fully operational. On Sept. 11, the board voted to temporarily shift the assets Alger handled to its other large-cap growth manager, American Express Asset Management.