Asset Study/Review
A Texas-based pension plan has agreed to redeem a pair of hedge fund investments.
A Southern trust fund has added domestic equity, real estate and fixed-income managers to its watchlist in recent months.
A Midwestern religious order is excluding energy-related holdings from its domestic equity investments and applying a “low carbon tilt” to its overall portfolio.
A 529 plan in a Midwestern state adjusted its asset allocation targets last week.
A Florida pension plan has approved a new public market portfolio structure that will see the elimination of five existing active managers as part of changes aimed at reducing duplication and increasing liquidity and reduce fees.
A university based in a Midwestern state revised the target asset allocation for its endowment as part of changes to its investment policy statement in April.
A Western college savings plan updated its investment policy statement to allow two new allowable investments earlier this year.
A Western hospital revised its investment policy statement with new permissible investments in alternatives last month.
An Eastern state plan received several hedge fund and alternative risk premia investment recommendations last month.
A state pension plan in the Great Lakes region disclosed first quarter alternatives commitments and is scheduled to review the results of an asset/liability study next week.
