London Borough of Hammersmith & Fulham hired PSolve Asset Solutions as...

London Borough of Hammersmith & Fulham hired PSolve Asset Solutions as investment consultant for the borough's £377 million ($680.8 million) pension fund, said Rob Mansfield, spokesman for the borough council. The firm replaces Hewitt Bacon & Woodrow, which is now Hewitt Associates. Mr. Mansfield said the borough council issued an RFP earlier this year because Hewitt's contract was set to expire July 31. While Hewitt was reconsidered, Mr. Mansfield said, the council determined it was "just time for a change." Bfinance assisted.