Michael S. Allocco was appointed portfolio manager at John McStay...

Michael S. Allocco was appointed portfolio manager at John McStay Counsel, Dallas; it is a new position. He will focus on hardware technology and biotechnology companies. Mr. Allocco was a small-cap and midcap portfolio manager and senior technology analyst at HLM Management Co., Boston. Beth McGoldrick, HLM spokeswoman, said HLM is leaving the public equity business, and the position will not be filled.