Tamarac (Fla.) General Employees' Retirement System hired Boston Co. Asset Management to run $2 million in active international equity, said Gregory A. McNeillie, senior vice president at Dahab Associates, consultant to the $19 million plan. The $10 million Tamarac Police Officers' Pension Fund hired Templeton Investment Counsel to manage $1 million in active international equities, said Mr. McNeillie.
The two funds issued a single RFP in November after plan officials decided to replace active international manager State Street Global Advisors for performance, Mr. McNeillie said. Arlene Roberts, SSgA spokeswoman, said the firm doesn't comment on client matters.
Lillian Pabon, secretary of the general employee plan's board, referred questions to third-party administrator First Benefits Services. Dan Gatzulis, administrative manager of First Benefits Services, and Barbara Chovan, chairwoman of the police pension board, referred questions to Mr. McNeillie.