Domestic Equity
The plan will invest in a newly formed local and minority-owned asset manager.
The plan swapped its incumbent passive domestic and international equity manager with another at a December meeting.
Potential domestic small-cap core equity search would come in a decision to move away from a small-cap value manager.
His portfolio manager responsibilities will be assumed by other team members, the firm said.
A Southern pension plan consolidated its passive domestic equity portfolio at today’s board meeting.
A 529 plan based in the Midwest has added a socially responsible domestic all-cap equity fund as an investment option.
Regnan, a responsible investment management business affiliated with J O Hambro Capital Management, has hired two fund managers to handle a sustainability global equity strategy.
Teton Advisors expanded its investment platform with the addition of a three-person small-cap equity portfolio management team and the assignment of longstanding account relationships, the firm announced.
The fund approved the addition of an active fixed-income manager to its lineup at a meeting yesterday.
The plan approved the hire of a domestic mid-cap growth equity manager at a meeting last week.
