Domestic Equity
Plan approved a new domestic small- to mid-cap value equity manager hire at Friday’s meeting.
A Chicago annuity plan has terminated an $18 million liquid alternatives mandate.
A Midwestern pension plan terminated its active large-cap equity managers to fund mandates with three new global equity managers hired following an RFP search.
A plan based in Chicago has hired an investment manager to handle a passive equity strategy.
The plan opted to hire one firm to manage a domestic small-cap allocation and another for international small-cap.
The Southeastern pension plan will review a list of potential domestic mid-cap growth equity managers next year.
Plan added five value-biased managers to its watchlist for performance reasons and removed an international equity firm based on improved performance.
Plan will conduct a search for small-cap managers in 2021 to provide a more comprehensive allocation to the space within its global equity portfolio.
The plan concluded its domestic small- to mid-cap equity manager search after receiving a search report today.
The pension fund added an active manager to complement index fund manager RhumbLine Advisers.
