Domestic Equity
The plan selected three emerging markets equity finalists and made an additional commitment to an existing infrastructure manager yesterday.
The university approved adding a passive domestic large-cap value strategy to provide a more balanced approach to its equity portfolio and its first private debt manager as it looks to build out its allocation to the asset class.
Plan placed its domestic mid-cap growth equity manager on watch due to an impending portfolio manager retirement.
The university will consider adding a passive domestic large-cap value strategy to provide a more balanced approach to its equity portfolio and a private debt manager as it looks to build out its allocation to the asset class.
A partner and director of research left the plan’s domestic large-cap value equity manager this month.
The plan will revisit a recommendation to terminate its active domestic large-cap growth mandate and move the assets to a passive account.
The plan made a change in domestic large-cap growth equity managers last quarter.
The trust hired an active manager for domestic small-cap equity in lieu of a Russell 2000 Index Fund investment.
The terminated manager has been on and off the plan’s watch list since 2018 for personnel turnover.
The plan is seeking a replacement for Allspring Global Investments, which was terminated at the plan’s March 24 retirement commission meeting.