Michigan Municipal Employees' Retirement System, Lansing, hired...

Michigan Municipal Employees' Retirement System, Lansing, hired Evergreen International Advisors to manage $200 million in active global bonds, benchmarked to the Lehman Global Aggregate Bond index. Funding will come from reductions to the $4.4 billion system's core fixed-income portfolios, drawn evenly from passive and active strategies, Jeb Burns, CIO, said in a statement.