Louisiana Firefighters' Retirement System , Baton Rouge, hired AXA...

Louisiana Firefighters’ Retirement System, Baton Rouge, hired AXA Rosenberg and DuPont Capital to run $25 million each in active domestic small-cap to midcap core equities, the $650 million system’s first investment in that style, said Steven Stockstill, executive director. Funding comes from terminating American Express, which ran $50 million in active domestic large-cap core equities, Mr. Stockstill said. The firm was terminated because the system was overcommitted to large-cap core equities, not due to performance, he said. Becker, Burke assisted.