San Jose (Calif.) Retirement System will determine whether to terminate Bank of Ireland Asset Management, which runs $152.6 million in active international equities, at the $3.3 billion system board's mid-December meeting, said Edward Overton, director of retirement services. He noted the firm has been on probation for performance since December 2003 but declined further comment. Anne Banks, spokeswoman for Bank of Ireland, declined to comment about client relationships as a matter of policy.
Mercer Investment Consulting is assisting.