Domestic Equity
The plan replaced its domestic small-cap value equity manager in the fourth quarter due to underperformance.
The retirement system diversified its previously all-passive domestic large-cap equity portfolio with the addition of an active large-cap core mandate.
The deferred compensation fund hired a new domestic large-cap value equity manager at today’s meeting.
The retirement fund replaced its small-cap value and small- to mid-cap growth mandates with a pair of core managers last month.
The pension plan added three new managers to its equity portfolio last week.
The pension fund will become the initial investor in a new domestic mid-cap value equity strategy.
The terminations are consistent with the retirement plan’s previously approved public equity restructuring.
The deferred compensation plan replaced its domestic large-cap value equity manager in the fourth quarter.
The hire concluded a domestic small-cap value equity replacement search from earlier this year.
