Core-Plus
The trust’s incumbent consultant is on a six-month contract.
The plan will issue a general investment consultant RFP due to an upcoming contract expiration and conduct an asset allocation study to consider eliminating its risk parity asset allocation.
The plan will begin with a mid-cap growth equity manager search in January.
The state’s defined contribution plan is seeking a core-plus fixed-income manager.
Plan will seek board approval for international equity and U.S. fixed-income portfolio structures that would see new manager additions this week.
The plan will seek a core fixed-income manager next year and recently terminated a REIT manager to fund a new private real estate mandate.
The search is open to core and core-plus real estate managers.
The plan is seeking complementary core and core-plus fixed-income managers to split its bond portfolio.
Plan will issue an RFP seeking one core and one core-plus fixed-income manager to each handle 12% allocations on Tuesday.
Plan terminated its passive fixed-income manager to improve historical risk-adjusted performance.