Asset Study/Review

A Michigan pension plan cut its target asset allocation to hedge funds in half and redirected the assets to U.S. equity at today’s board meeting.

A university in the Northeast has revised its policy portfolio asset allocation as part of changes to its investment policy.

A Mid-Atlantic-based university approved a new asset allocation framework as part of changes to its investment policy statement in the first quarter.

A Western university revised the target asset allocations for its endowment and total return investment pool as part of changes to its investment policy statements last week.

A Southern border city has hired two domestic core fixed-income managers following an asset class review.

A West Coast pension plan hired a domestic small- to mid-cap equity manager as part of a new asset allocation approved at its board meeting today.