Domestic Equity
A New England-based university rebalanced two of its portfolios away from multi-asset strategies and value-tilted equities at its board meeting this week.
Florida plan terminated a domestic large-cap growth equity manager and a global bond manager at yesterday’s board meeting.
A Midwest pension plan approved moving its two active domestic large-cap core equity managers to a passive mandate.
The potential search would look to replace an incumbent terminated at today’s board meeting.
A police and fire plan in South Florida will discuss adding a growth manager to complement its incumbent emerging markets manager, which has a value-bias.
A health care trust fund on the West Coast will consider domestic small-cap equities for the first time.
A Rocky Mountain-based pension plan added a maiden target to infrastructure and eliminated its target to MLPs as part of a new strategic asset allocation policy.
A Southwestern pension plan made a change in domestic all-cap value equity managers for performance reasons.
The police and fire pension fund is conducting the search “to see what else is out there” due to underperformance by its current manager.
The fund is looking to redeem from one of its three domestic mid-cap growth equity managers as a partial source of capital for upcoming obligations.
