A Texas plan has hired an emerging manager to replace a domestic small-cap value equity account and graduated the same firm out of its emerging manager program.
Two Midwestern foundations have partnered with a financial technology firm to survey and assess the racial and gender diversity makeup of the U.S. asset management firms that invest their assets.
A New England-based university sent a letter to the investment managers in its endowment asking them to cooperate in tackling the issue of the lack of women and minorities in the asset management industry.