The plan eliminated its risk parity allocation and boosted its multi-sector bond portfolio to allow for both traditional and opportunistic investments.
A Mississippi plan made a value-add real estate commitment with an existing manager at its board meeting today.
Move to a single passive equity manager would save more than $13,000 a year in fees.
A Midwest pension plan is considering moving its two active domestic large-cap core equity mandates to passive investing.
The new hires bring their thematically driven healthcare equity strategy with them.
The plan opted to hire one core manager to handle a $240 million portfolio, replacing its two existing incumbents, at a board meeting yesterday.
A Northeastern pension plan made a hire in its search to replace domestic small-cap value equity manager Fisher Investments.
A Michigan pension plan will interview two domestic small-cap core equity managers next month in an ongoing search.
The firefighters pension fund hired the domestic large-cap value equity manager to handle a $12 million portfolio at its board meeting today.
He replaces the current head, who is retiring at the end of the year.