Domestic Equity
A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.
Plan wrapped up its general investment consultant search following a pair of finalist presentations.
The plan begins a new search and wraps up an existing one.
A Midwestern plan made several changes to its equity and fixed-income portfolios as part of its transition to a new long-term asset allocation policy.
The plan expects to conduct three total searches this year as part of a search scheduled from its consultant.
A Rocky Mountain pension plan terminated its domestic small- to mid-cap core equity manager due to underperformance and personnel turnover.
Plan added public markets and private equity investments at last month’s board meeting.
Plan intends to approve an RFP for a index fund provider next month and terminated a global tactical asset allocation mandate at today’s meeting.
Plan made several manager changes to its equity portfolio as part of a transition conducted by its new general investment consultant.
The plan appears to be seeking its first passive investments in equities and bonds.
