The $1.9 billion Montgomery County Employees' Retirement System, Rockville, Md., is reviewing Capital Guardian's performance; the firm manages a total of $40 million in two active emerging market equity portfolios. When fund officials receive Capital Guardian's response to their request for information, the board will determine at its next board meeting in March whether to terminate Capital Guardian and search for a new manager, said Linda Herman, executive director. Wilshire Associates is assisting.
Capital Guardian spokesman Chuck Freadhoff could be not be reached for comment.
