Nova Scotia Power taps American Century

Nova Scotia Power Inc. pension plan, Halifax, Nova Scotia, hired American Century Investments to manage C$80 million (US$79.5 million) in global growth equities, confirmed Peg Van Wagoner, vice president, institutional consultant relations at American Century. Margaret Murphy, spokeswoman for the C$600 million plan, did not return calls seeking to know how the plan sponsor will fund the new mandate.