Equity

ESG
New England University Considers New Fossil Fuel-Free Index Strategy

The university system is considering adding a fossil fuel-free passive index strategy to align with its recent mandate to divest its portfolios of direct and indirect investments in fossil fuels.

12.01.22
Passive Equity
Western Endowment Wraps Up Passive Equity Search

The public school fund selected its incumbent passive equity manager to handle approximately $343 million in October following a search from this summer due to the firm’s contract expiration.

12.01.22
International / Global / Emerging Markets
New England Plan Seeking Emerging Markets Small-Cap, Passive Index Managers

The searches are being conducted to comply with state procurement laws.

11.28.22
Industry News
Investment Mgr. & European Bank To Combine Cash Equity & Equity Research Businesses

The firms plan to form a joint venture combining their cash equities and equity research businesses to provide investment insights into the American, European and Asia Pacific equity markets as well as liquidity access and leading global trading technology.

11.22.22
Passive Equity
Chicago Institution Adds Passive Equity Mandate W/ Diverse Mgr.

The institution approved a new passive equity index investment with a diverse manager this summer as part of its commitment to promote diversity, equity and inclusion internally and through its selection of investment managers.

11.22.22
Equity
New England 529 Plan Removes Mgr. From Watch

The plan’s investment consultant will continue to monitor the strategy’s short- and long-term performance.

11.22.22
International / Global / Emerging Markets
Western Endowment Approves Global Equity Direct Investment

The fund added a global equity investment with a newly operational firm this week.

11.17.22
Small-Cap
Southeast Plan Slates Small-Cap Value Interviews; Adds Int’l Equity Mgr.

The plan will interview two U.S. small-cap value equity managers this week and also recently added an international equity manager.

11.14.22
Private Equity
Florida Plan Makes PE Commitment; Adds To Active Equity Mgr.

The plan moved an additional $30 million to an active equity manager hired over the summer.

11.14.22
Non-U.S. & Global Equity
Calif. Plan To Conduct Int’l Small-Cap Equity Search

The plan will also target more $720 million to alternative funds in 2023.

11.10.22