Louisiana Firefighters' Retirement System, Baton Rouge, put Bank of Ireland on watch for the performance of a $20 million international core equity portfolio, said Steven Stockstill, executive director. Trustees at the $700 million plan did not specify a date by which performance must improve. Bank of Ireland officials did not return a call seeking comment.
Separately, the system hired Consulting Services Group as its investment consultant, effective March 1, Mr. Stockstill said. CSG will replace Becker, Burke, which was a finalist in the search. CSG will not immediately begin any searches or studies.