Colorado Fire & Police Pension Association , Englewood, hired Mellon...

Colorado Fire & Police Pension Association, Englewood, hired Mellon Trust as custodian of its $2.1 billion pension plan, said Ruth Ryerson, CEO. Previous custodian State Street Bank was terminated because of fee increases, she said. The plan’s asset allocation is 38% domestic equity, 29% fixed income, 18% international equity, 14% private equity and real estate, and 1% cash.