Domestic Equity
The plan will issue RFPs this year to comply with standard state procurement laws.
The plan will consider replacing Allspring Global Investments, which has been on watch due to underperformance.
The plan is looking for options to potentially replacing an existing underperforming manager.
The plan was slated to discuss potentially replacing an existing manager as part of a review at today’s board meeting.
The Northeastern-based consulting firm is searching for core, value and growth mangers to handle at least $200 million.
The plan has begun its high-yield fixed-income manager search
The plans opted to move their mid-cap core portfolios to index funds for the foreseeable future.
The plan retained its incumbent domestic large-cap core equity manger after a search report presentation.
The plan reduced its exposure to international equity and will receive two buyout fund-of-funds manager presentations as part of an ongoing search.
The plan concluded its search for core fixed-income and TIPS managers.
