The plan will reduce its domestic large-cap growth exposure by eliminating an existing manager.
Mascha Canio will fill a role that has been open since the retirement of Jean Hsu last year.
The city’s three pension plans will each be involved in the search.
The collaboration will enable Metis Global Partners to leverage Wilshire’s proprietary custom index platform to design index strategies for clients.
The firm’s latest fee study found that nonprofits pay 57 basis points in total fund management fees on average.
Asset allocation remains the biggest factor in fees paid by institutional investors, Callan’s 2025 Cost of Doing Business Study shows.
The growth in the largest Black-owned investment firms has slowed over the past year but continued its upward trajectory, new data from FIN Searches shows.
The retirement system is conducting its first real estate search in over 10 years.
The plan will look to identify potential replacements for its current international value equity manager.
The retirement system will receive educations on the asset classes at a third quarter board meeting.