Shropshire County Council Pension Fund , Shrewsbury, England, hired...

Shropshire County Council Pension Fund, Shrewsbury, England, hired Baillie Gifford to run £42 million ($79 million) in active Japan equities and Martin Currie Investment Management to run £34 million in active Asia-Pacific ex-Japan equities, according to Graham Childlow, head of finance. Both portfolios had been managed by Schroder Investment Management, which was terminated after an asset allocation review of the £850 million pension fund, Mr. Childlow said. The decision was not related to performance, he added. Mercer Human Resource Consulting advised.