Battle Creek (Mich.) Police & Fire Retirement System hired NWQ...

Battle Creek (Mich.) Police & Fire Retirement System hired NWQ Investment Management to run $14.5 million in active domestic large-cap value equities for the $95 million plan, said Stanley Chubinski, city treasurer. Funding came from terminating previous manager Rorer Asset Management because of performance and for using more of a core style, he said. Smith Barney assisted in the invitation-only search. Ed Rorer, CIO of Rorer, did not return a call by press time seeking comment.