Asset Study/Review
A Midwestern pension plan adopted a new asset allocation policy as recommended by its investment committee.
A Midwestern pension plan terminated its active large-cap equity managers to fund mandates with three new global equity managers hired following an RFP search.
A university based in a Southern state has adjusted its equity targets.
Pension fund increases its illiquid growth portfolio to 41% from 32%.
A West Coast pension plan will issue an RFP for U.S. bank loan managers next year for due diligence purposes.
A 529 plan based in the Midwest has adjusted its asset allocations.
A university based in the Midwest has adjusted its retirement plans asset targets.
A New England-based university rebalanced two of its portfolios away from multi-asset strategies and value-tilted equities at its board meeting this week.
A foundation in the West added a diverse manager policy to its formal investment policy statement this summer as it is looking to increase the percentage of diverse managers to 10% of the portfolio over the next two years.
A pension fund on the West Coast has added a new asset class as part of a completed asset/liability study.