The institution has issued an RFP seeking a firm to provide non-discretionary management of its investment portfolio and assist in developing and implementing investment strategies to enhance performance.
The pension system is scheduled to hear a proposed U.S. equity structure this week that would concentrate assets with a “fewer number of higher conviction strategies currently in the portfolio.”
The inclusion of passive target date funds continues to increase at defined contribution plans as there is a sustained transition away from fully active strategies, a new study reveals.