Domestic Equity
Investors favoring value investing do not need to only focus on small-cap stocks to access the value premium via long-only portfolios, new academic research finds.
Plan will hear preliminary results of an annual asset/liability study next month and make recommendations for any changes to the portfolio in June.
Plan added two new fixed-income managers in a revamped global bond portfolio at this week’s meeting.
Plan is keeping its domestic large-cap core manager following an RFP issued last year due to the firm’s performance.
Most institutional investors expect subpar returns from the U.S. stock market this year amid inflation and concerns regarding the ongoing Russia-Ukraine war, according to a recent survey.
The searches are issued due to standard state procurement laws.
The plan does not currently have a dedicated manager for emerging markets equity.
Plan switched domestic small-cap value equity managers in the first quarter.
A university system in the South added a private equity commitment within its endowment alongside some changes to its public equity portfolio to achieve a more balanced and global approach at its investment committee meeting this week.
The trust fund will consider active management for U.S. small-cap and international developed markets equities.
