Champaign (Ill.) Firefighters Pension Fund invested $2 million in the Julius Baer International Equity mutual fund, said Richard Schnuer, treasurer. Funding came from terminating the MetLife International Equity fund, managed by Bank of Ireland, for performance, Mr. Schnuer said. Pat Krolak, managing director at investment consultant Marquette Associates, said the $41 million plan's asset allocation is 65% fixed income, 30% domestic equity and 5% international equity.
Toni Griffin, MetLife spokeswoman, said her firm had no comment. Sara Holland, Bank of Ireland spokeswoman, was not available for comment by press time.
