Equity
The plan hired two separate account managers for its global equity emerging manager program after increasing the program’s allocation range this week.
The plan increased the allocation range for its global equity emerging manager program by 5% this week.
The college savings plan removed an international equity manager from watch status after four years due to improved performance.
The university is considering a proposal to increase its asset allocation targets to global equity and private equity.
The new cio began earlier this month and is based in Switzerland.
The plan expects to issue an RFP for a general investment consultant RFP later this month and will interview three finalists in an ongoing international equity search.
The plan replaced its $77.5 million Asian all-cap equity mandate with T. Rowe Price Associates last week.
The plan is slated to conclude its global equity emerging manager program search and increase its allocation to the program at a board of investments meeting tomorrow.
The plan hired two new international equity managers.
The plan terminated a $475 million emerging markets value equity mandate in May and approved private markets commitments totaling $170 million in June.