Hartford (Conn.) Municipal Employees' Retirement Fund hired FTI...

Hartford (Conn.) Municipal Employees’ Retirement Fund hired FTI Institutional and Arnhold & S. Bleichroeder to handle $25 million each in active international equities, said Kathleen Palm, city treasurer in charge of the $950 million fund. FTI will run a value portfolio, and Arnhold & S. Bleichroeder, growth. Funding came from a rebalancing and redeploying of assets; no managers were terminated.