Domestic Equity
The pension plan terminated its domestic micro-cap equity manager last month due to underperformance.
The plan approved the search last month to comply with state procurement requirements.
The university recently increased its allocations to domestic equity and intermediate-term fixed-income following a recommendation from its outsourced cio, which completed an annual strategic asset allocation review.
The firm was terminated from an approximately $102 million domestic core-plus fixed-income mandate last month.
The city hired two firms on behalf of its three retirement funds, replacing an underperforming incumbent.
The retirement system placed a domestic small-cap value equity manager on watch last month due to lagging performance.
The pension plan terminated its domestic small- to mid-cap core equity manager in August due to underperformance.
The plan approved a search last year to complement its existing international equity managers.
The plans have both adjusted their asset allocations since moving to Mariner Institutional.
The deferred compensation plan has replaced its domestic large-cap core equity manager, which had been on watch due to underperformance.