Harte-Hanks Inc., San Antonio, hired Ariel Capital Management to run...

Harte-Hanks Inc., San Antonio, hired Ariel Capital Management to run $8 million in active domestic midcap value equities, a new investment style for its $82 million pension plan, said Jacques Kerrest, CFO. Funding came from rebalancing. The fund’s asset allocation is 70% equity and 30% fixed income. UBS PaineWebber assisted.

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