Arizona investment board member appointed

Alan Maguire was named a member of the Arizona State Board of Investment, Phoenix, according to spokeswoman Kimberly Yee. The board is responsible for reviewing the investment of $12 billion in state assets, serving as trustees of the Permanent Land Trust Funds, and approving the state treasurer’s investment policy. Mr. Maguire is the president and principal economist of Maguire Co., an independent economic forecasting and public policy consulting firm, and was chief deputy to the treasurer from 1983 to 1987. He replaced Stephen Barnes, a principal and portfolio manager for Barnes Investment Advisory Inc., a private investment and financial planning firm in Phoenix.