Asset Study/Review
The religious institution adjusted the targets for its investment fund and socially responsible investment fund.
A plan based on the West Coast is consideration the addition of active equity managers as part of shift in portfolio structure.
A church is requiring its pension board and foundation to divest from five oil and gas companies as they do not align with its social or ethical values.
The plan approved a consultant recommendation to swap out its domestic small-cap core equity mandate due to a change in the firm’s investment process.
The terminations stem from a completed domestic equity restructuring.
The plan will reduce its total alternative and equity targets to fund the new asset class.
The fund approved a new strategic asset allocation for its liquid account in June, increasing targets across its equity portfolio as well as core bonds through the elimination of a fixed-income allocation.
The university adopted a new environmental and socially responsible investment policy in June to incorporate an ESG lens while moving beyond negative screening.
The 529 plan added a domestic large-cap growth equity strategy to its watchlist last month because of underperformance compared to its benchmark for the quarter, one-, three- and five-year periods ending March 31.
The foundation will search for impact investments after adopting an ESG-integrated and impact investment strategy to mitigate the negative impacts of climate change.
