Searches and Hires

Overland Park, Kan., selects American Century for emerging markets equity

Overland Park, Kan., hired American Century Investments as emerging markets equity manager for its police and fire department pension funds, said Steven Roth, chief investment officer at investment consultant Dahab Associates.

American Century will manage $5 million for the $100 million police pension fund and $2 million for the $40 million fire department plan.

The search was launched in November for due diligence purposes. Incumbent manager Parametric Portfolio Associates rebid.