Jacksonville (Fla.) General Employees' Pension Fund rehired Taplin...

Jacksonville (Fla.) General Employees' Pension Fund rehired Taplin, Canida & Habacht to run $125 million in active domestic fixed income under a five-year contract with the $1.55 billion pension fund, said John Hudson, senior investment analyst for the city. Taplin, Canida's returns "have been quite good," Mr. Hudson said. He noted that MBIA and BlackRock were among the finalists, although he would not name them all. Under the contract, the pension fund has five one-year options after the initial five-year period, Mr. Hudson said. The pension fund's asset allocation is 60% equity and 40% fixed income. Merrill Lynch assisted.