Bechtel Power Corp., San Francisco, added the Artisan International Fund as one of three mutual funds in its $100 million international stock fund of funds, said Peter Landini, managing director at Fremont Investment Advisors, which oversees the $3.5 billion defined contribution plan. The plan has six investment options.
The new mutual fund replaces the Janus Overseas mutual fund. "We were concerned that the firm (Janus) had had a tough year and a half, and that the portfolio manager was less focused on that fund, Mr. Landini said. Diane Perry, Janus spokeswoman, said: "We dont comment on relationships with plan sponsors.