Asset Study/Review
The fund is looking for opportunities to directly invest in companies based in the state as part of its plan to emphasize the state, identifying and developing new relationships with firms in the state, including emerging managers, as well as seeding strategies created in the state.
The system will consider asset allocation changes for one of its portfolios, shifting it toward global equity and emerging markets small-cap equity and away from international equity and domestic equity, at a meeting this week.
The pension plan approved a new asset allocation policy that introduced a new asset class and eliminated two existing asset classes last week.
The university’s board of trustees voted against a proposal to divest from weapons manufacturers and other companies involved in the Israel-Hamas war last week.
The pension plan has eliminated three asset classes as part of a newly approved asset allocation policy.
The university is slated to approve a new investment policy statement for its long-term portfolio that incorporates additional risk management and diversification guidelines.
The organization pivoted its asset allocation toward domestic large-cap equities as part of revisions and also added a real assets strategy.
The university approved a new investment policy with asset allocation changes for its endowment, including increases to global equity and private equity, and its retirement plan, including an increase to private debt.
The plans have both adjusted their asset allocations since moving to Mariner Institutional.
The university will consider a proposal to divest its endowment from companies that facilitate the Israeli occupation of Palestinian territory at its October meeting.