DUBLIN — The National Treasury Management Agency hired Deutsche Asset Management to run €200 million ($243 million) in eurozone corporate bonds and UBS Global Asset Management to handle €100 million in U.S. small-cap equities for the €10.1 billion National Pensions Reserve Fund. Funding came from cash, said an agency spokeswoman.
Separately, the agency is completing a search for a manager to run €100 million in active international small-cap equities for the reserve fund. The agency is awaiting responses from selected money managers who were invited to bid; a hiring is expected in early October. Funding will come from cash.