Asset Study/Review
A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.
The plan added a new asset class after receiving an updated asset class assumption report.
A university in the Northeast will not directly invest in publicly traded oil and gas companies “for the foreseeable future” as part of adjustments to its investment policy approved last month.
A foundation based in the Midwest added a private debt allocation and reclassified two investments under the asset class last year.
A fund based in the South is reviewing its strategic asset allocation and will look to make changes this summer.
A Midwestern university foundation added a maiden allocation in the fourth quarter.
Plan made several manager changes to its equity portfolio as part of a transition conducted by its new general investment consultant.
The plan created a maiden high-yield fixed-income allocation as part of a new target asset allocation.
A university in New England will review its asset allocation at a spring meeting, where its outsourced cio may adjust targets.
A university in New England made changes to its global fixed-income, real assets and international equity portfolios within its endowment in July and October.
