Taunton (Mass.) Contributory Retirement System hired Brandywine Global Investment Management to run $10 million in active international fixed income, confirmed Steven Roth, director of manager research at Dahab Associates, the $220 million pension fund's investment consultant.
Pacific Investment Management Co. was also a finalist.
The pension fund also hired Ceres Partners to run $2 million in agriculture.
It is the first allocation to each asset class. RFPs were issued in January. Funding comes from rebalancing.
