Metropolitan Board of Public Education Teacher Retirement Plan ...

Metropolitan Board of Public Education Teacher Retirement Plan, Nashville, Tenn., hired Brandes Investment Partners to manage the $87 million plan's first active emerging markets equities portfolio, said Celia Yancey, metropolitan government treasurer. She could not specify the size of the mandate, but Tom Eddlemon, assistant metropolitan government treasurer, previously said plan officials were searching for a manager to run about $4 million in emerging markets equities. The funding source has not been determined, Ms. Yancey said. A source close to the situation who asked not to be identified said Brandes also manages an active international equities portfolio for the pension plan, but could not specify the size. An RFP was issued earlier in the third quarter. Plan consultant Dahab Associates assisted.