Nonprofit investors are expecting positive but muted returns from the equity and bond markets in 2021 after their portfolios generated solid performance in a year that upended global financial markets and saw unprecedented volatility.
A university foundation in Canada approved a new target asset allocation in September after hiring its first outsourced cio in the second quarter.
The Northeastern plan will issue an RFP “to see what else is out there.”
The Institutional Investing Diversity Cooperative will promote more robust data and a broader industry definition of diversity.
Plan retained its incumbent consultant following an RFP process initiated in September.
A Northeastern pension plan has launched its investment consultant search following approval of the RFP late last year.
The plan rehired its incumbent from a candidate pool of six consultants.
A Northeastern pension plan has hired a new investment advisor, replacing an incumbent it has been working with since 2006.
A pair of Northeastern pension plans expect to issue an investment advisor RFP next year.
The new hires include two research analysts, two performance analysts and a client analyst.