Nearly $50 billion was at stake in hires for the fourth quarter, up 7.5% from the previous quarter but up 68.8% from the fourth quarter of 2013. Hires for traditional managers jumped in the quarter, to $22 billion. Global and international mandates received the majority of assets in equities and fixed income. The South Carolina Public Employee Benefit Authority committed $2.1 billion to AQR, INTECH and D.E. Shaw for global enhanced index strategies. Denmark's Lonmodtagernes Dyrtidsfond committed $3.35 billion to five managers for European and global fixed-income mandates.