Core-Plus
The plan also added a second bond fund option for participants last quarter.
The plan approved implementing an intermediate strategy at its November meeting.
The Windy City other post-employment benefits trust fund terminated its core-plus mandate with the firm last quarter.
The pension plan made a $24 million commitment to an existing real estate manager relationship in October.
The plan interviewed two firms earlier this month as it looks to replace Western Asset Management.
The plan also disclosed several alternatives commitments approved at a board meeting today.
A trust fund based in a Western state terminated one of its core-plus fixed-income managers during a recent meeting.
The retirement association will look to fill new targets to non-core infrastructure and TIPS in the first half of 2025.
The pension plan replaced its global large-cap growth equity and domestic core-plus fixed-income managers in the second quarter.
The county deferred compensation and defined contribution plans swapped out an incumbent core-plus fixed-income manager under scrutiny from the SEC.