San Francisco City & County Employees' Retirement System hired AXA Rosenberg and Brandes Investment Partners to manage about $300 million in active international small-cap equity mandates. AXA Rosenberg will manage around $200 million; Brandes will run the balance. Funding will come from terminated international small-cap managers Capital Guardian and Nicholas-Applegate, which ran $99 million and $202 million, respectively. Nicholas-Applegate also was terminated as manager of a $192 million EAFE portfolio; those assets will be invested in global fixed income using existing managers. Angeles assisted.