Tucson (Ariz.) Supplemental Retirement System hired Aberdeen Asset Management to run about $37 million in active international equities, confirmed Allan Bentkowski, investment manager of the $583 million system.
A shortlist search by investment consultant Hewitt EnnisKnupp was conducted as the system sought a possible replacement for Artio Global Investors, which was terminated for performance.
Other finalists were Arrowstreet Capital and Thornburg Investment Management.
Artio Global spokesman Neil Shapiro said it is company policy not to comment on client matters.
