Domestic Equity
The plan selected three finalists in its shortlist search for an emerging markets equity manager at a meeting this week.
Institutions should take a fresh look at financial and investment strategies to address challenges to their business models and maintain optimal asset allocations to meet a 7.5% historical return target, particularly in the face of a long-term era of muted returns, according to a recent study.
Plan added a fixed-income manager to its watch list today and has scheduled a presentation from an underperforming equity manager for next month.
A university based in the Midwest is considering changes to its asset allocation targets.
The plan made minor increases to equity at the expense of fixed-income at its meeting yesterday.
The search will fill a new target to domestic mid-cap value equity established following an asset/liability study.
The plan made the move following an investment team departure from the incumbent active manager.
Plan’s investment advisory committee agreed to endorse a private markets consultant recommendation that will require full board approval later this month.
The plan has been expected to issue an RFP for domestic small-cap growth equity managers.
A university in the South added hedge fund, private equity and public equity investments at its investment committee meeting last week.
