Fire & Police Pension Association of Colorado, Greenwood Village, removed Fiduciary Asset Management, Morgan Stanley Investment Management and Thomson Horstmann & Bryant from its watchlist, confirmed Bill Morris, CIO of the $2.9 billion pension plan. Morgan Stanley was on watch for organizational issues, while the others were on the list for performance.
Fiduciary, which runs $145 million in active domestic large-cap equities for the fund, and Morgan Stanley, which runs $115 million in active international equities, were both on watch for about 16 months, and Thomson Horstmann & Bryant, which runs $49 million in active domestic small-cap core equities, was on watch for about two years, Mr. Morris said.
Pension Consulting Alliance, the plan's consultant, assisted.
